Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

Foreign investors purchase securities worth Rs8.66 billion in a week

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

July 29, 2021 (MLN): Foreign investors purchased net securities worth Rs8.66 billion during the week ended July 16, 2021, whereas last week, the accounts observed a net sale of Rs681.92 million.

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.17.8 billion, which is around 89.7 percent higher than the figures recorded last week. Similarly, the total purchase of securities stood at Rs.26.5 billion, which is 204 percent higher than the prior week.

Over the week, the overall purchase of securities rose by Rs.17.76 billion while the net sale of securities increased by Rs.8.42 billion.

Apart from this, the inflow of remittance into these accounts stood at Rs.11.05 billion, while its outflow has been reported at Rs.2.75 billion.

The closing balance of SCRA was recorded at Rs.30.16 billion, which marks a decline of Rs.326.39 million over the week.

Copyright Mettis Link News

Posted on: 2021-07-29T10:25:00+05:00

42454