Foreign investors dump Rs460m worth of securities

MG News | September 03, 2024 at 05:07 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

September 03, 2024 (MLN): The net sale of securities for the week ended August 23, 2024 clocked in at Rs459.92m, as compared to a net purchase worth Rs536.37m recorded last week, according to a weekly report on Specially Convertible Rupee Accounts (SCRA) released by the State Bank of Pakistan.

During the week, the gross sale of securities was recorded at Rs16.71bn, which is around 125.73% higher than the figures recorded last week.

Similarly, the total purchase of securities stood at Rs16.25bn, which is 104.69% higher than the prior week, resulting in a net sale of Rs459.92m for the week.

Over the week, the overall purchase of securities increased by Rs8.31bn while the net sale of securities increased by Rs9.31bn.

Apart from this, the inflow of remittance into these accounts stood at Rs12.16bn, while its outflow has been reported at Rs7.25bn.

The closing balance of SCRA was recorded at Rs31.2bn, which marks a rise of Rs5.44bn over the week.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,153.17 162.52M	0.16% 268.58
ALLSHR	103,477.03 691.59M	0.17% 179.80
KSE30	50,901.99 58.56M	0.04% 18.99
KMI30	243,765.66 75.35M	0.26% 626.41
KMIALLSHR	67,087.03 368.61M	0.16% 107.81
BKTi	47,614.72 15.03M	-0.06% -27.39
OGTi	34,853.92 4.57M	-0.80% -282.58

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	85,610.00	86,950.00 85,385.00	-980.00 -1.13%
BRENT CRUDE	101.30	101.53 100.22	0.96 0.96%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.10 4.92%
ROTTERDAM COAL MONTHLY	138.50	0.00 0.00	1.45 1.06%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	93.06	93.27 91.75	0.69 0.75%
SUGAR #11 WORLD	18.38	18.60 18.15	0.14 0.77%