Foreign selling via SCRA eases out

MG News | April 05, 2019 at 09:56 AM GMT+05:00

0:00

April 5, 2019 (MLN): The aggressive selling by the overseas investors witnessed in the last week eased out, as during the week ended March, 29 2019, the weekly data on Specially Convertible Rupee Accounts (SCRA) revealed that the net sale of securities logged in at Rs. 3 million, i.e. around Rs. 363 lower than the previous week.

The total sale of securities declined by around Rs. 3.4 billion over the week to stand at Rs. 4.2 billion (down from Rs. 7.6 billion), whereas total purchase of securities decreased by over Rs. 3.1 billion to Rs. 4.2 billion (down from Rs. 7.3 billion).

Moreover, the flow of remittances into these accounts amounted to Rs. 1.5 billion whereas the outflow of remittances stood at Rs. 2.2 billion.

Subsequently, the closing balance of SCRA during the week is standing at Rs. 27.79 billion which is around Rs. 439 million lower than Rs. 22.23 billion recorded in the prior week.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	135,939.87 307.74M	-0.41% -562.67
ALLSHR	84,600.38 877.08M	-0.56% -479.52
KSE30	41,373.68 101.15M	-0.43% -178.94
KMI30	191,069.98 82.45M	-1.17% -2260.79
KMIALLSHR	55,738.07 422.01M	-1.03% -577.24
BKTi	38,489.75 45.79M	-0.02% -8.33
OGTi	27,788.15 6.87M	-1.24% -350.24

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,775.00	120,695.00 116,090.00	-3460.00 -2.88%
BRENT CRUDE	68.78	69.41 68.60	-0.43 -0.62%
RICHARDS BAY COAL MONTHLY	96.50	96.50 96.50	0.50 0.52%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.25	-2.05 -1.92%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.63	67.13 66.22	-0.35 -0.52%
SUGAR #11 WORLD	16.56	16.61 16.25	0.26 1.60%