Foreign investors withdraw another $8.63 million net from local market
MG News | May 21, 2020 at 05:20 PM GMT+05:00
May 21, 2020 (MLN): Another outflow of $5.12 million from government’s Treasury bills (T-bills) was recorded yesterday, bringing the total net extraction by the foreign investors from the local market to clock in at $8.63 million.
On equity front, foreign investors withdrew net sum of $3.5 million from local equities on the said day, as according to the latest data released by SBP.
This has led the net outflow in T-bills during the ongoing month to stand at $153 million as $800 worth of inflows were recorded so far against the outflows of $153.8 million.
Cumulatively from fiscal year to date, the data showed that foreigners have pulled out around $3.03 billion investment from T-bills against the inflows of $3.64 million, suggesting that only 17% ($609.8 million) of the inflows is left in T-bills.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 173,896.34 360.62M | 0.87% 1495.61 |
| ALLSHR | 104,139.24 855.26M | 0.63% 655.29 |
| KSE30 | 53,276.12 172.18M | 1.03% 542.06 |
| KMI30 | 248,386.88 167.37M | 1.15% 2821.54 |
| KMIALLSHR | 67,752.29 358.10M | 0.77% 518.60 |
| BKTi | 48,148.44 58.74M | 0.52% 250.34 |
| OGTi | 34,286.85 16.69M | 1.33% 448.36 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 88,330.00 | 90,990.00 87,075.00 | 370.00 0.42% |
| BRENT CRUDE | 61.81 | 62.19 60.87 | 1.17 1.93% |
| RICHARDS BAY COAL MONTHLY | 86.75 | 86.75 86.75 | 0.30 0.35% |
| ROTTERDAM COAL MONTHLY | 96.25 | 96.25 94.20 | 1.05 1.10% |
| USD RBD PALM OLEIN | 1,027.50 | 1,027.50 1,027.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 57.98 | 58.30 56.91 | 1.24 2.19% |
| SUGAR #11 WORLD | 15.23 | 15.34 15.11 | 0.06 0.40% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|