Foreign Investors extracted Rs 10.52 bln net from local market over the week

MG News | July 23, 2020 at 06:09 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 23, 2020 (MLN): The net sale of securities via Specially Convertible Rupee Accounts (SCRA) for the week ended July 17, 2020 clocked in at Rs. 10.52 billion, which is around Rs.8.72 billion lower than last week's numbers.

According to a weekly report on Specially Convertible Rupee Accounts (SCRA) released by the State Bank of Pakistan, the gross sale of securities during the week was recorded at Rs.20.4 billion, which is around 159.9 percent higher than the figures recorded last week. Similarly, the total purchase of securities stood at Rs.9.9 billion, which is 63.1 percent higher than the prior week.

Over the week, the overall purchase of securities rose by Rs.3.81 billion while the net sale of securities increased by Rs.12.53 billion.

Apart from this, the inflow of remittance into these accounts stood at Rs.1.26 billion, while its outflow has been reported at Rs.11.19 billion.

The closing balance of SCRA was recorded at Rs.31.5 billion, which marks a rise of Rs.1.18 billion over the week.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	176,094.12 210.43M	0.31% 546.13
ALLSHR	106,530.89 879.03M	0.30% 313.70
KSE30	52,480.22 54.21M	0.01% 4.71
KMI30	247,198.06 71.10M	0.26% 628.83
KMIALLSHR	68,178.54 320.54M	0.35% 237.08
BKTi	50,319.17 20.32M	-0.21% -103.75
OGTi	34,316.47 3.14M	0.13% 43.33

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,240.00	63,770.00 62,430.00	110.00 0.17%
BRENT CRUDE	91.04	91.36 84.62	4.16 4.79%
RICHARDS BAY COAL MONTHLY	107.75	0.00 0.00	-0.25 -0.23%
ROTTERDAM COAL MONTHLY	121.60	121.65 121.60	0.95 0.79%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	86.80	0.00 0.00	2.13 2.52%
SUGAR #11 WORLD	14.65	14.78 14.38	0.22 1.52%