Foreign investors flee with $52.17 mln net on April 1st

MG News | April 02, 2020 at 06:08 PM GMT+05:00

0:00

April 2, 2020 (MLN): The first day of the new month witnessed 21% decline in the outflow of hot money from government debt securities, as the foreign investors extracted $47.63 million from T-bills on April 1, 2020, compared to $59.96 million in the previous session.

Country- wise, the highest withdrawal during the said day was made my UK investors, as they retracted $35 million from T-bills, followed by US investors with the withdrawal of $10 million.

On the other hand, Pakistan equities witnessed an outflow of $5.8 million, taking the total net outflow within the local market to clock in at $52.17 million during the day mentioned above.

Cumulatively from July to date, foreign investors have so far withdrawn $2.16 billion from Pakistan debt market against the injection of $3.49 billion, indicating that still $1.33 billion investment still parked in T-bills and PIBs.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	172,339.87 257.15M	0.88% 1509.64
ALLSHR	103,486.02 566.20M	0.55% 563.65
KSE30	52,714.57 143.48M	1.04% 545.09
KMI30	245,529.14 78.43M	1.06% 2568.83
KMIALLSHR	67,243.34 223.63M	0.69% 462.92
BKTi	47,815.77 79.48M	0.80% 380.17
OGTi	33,779.81 8.14M	1.22% 406.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,340.00	90,115.00 87,355.00	1590.00 1.81%
BRENT CRUDE	62.30	62.49 62.15	0.06 0.10%
RICHARDS BAY COAL MONTHLY	87.50	0.00 0.00	1.30 1.51%
ROTTERDAM COAL MONTHLY	94.50	0.00 0.00	-0.70 -0.74%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	58.49	58.67 58.31	0.14 0.24%
SUGAR #11 WORLD	15.30	15.34 15.16	0.10 0.66%