Foreigners pull out a hefty net amount of Rs 153 billion via SCRA

News Image

MG News | March 20, 2020 at 05:30 PM GMT+05:00

0:00

March 20, 2020 (MLN): This time, again, foreign investors indulged in excessive selling during the week ended March 13, 2020, as they pulled out a hefty net amount of Rs 153 billion from local securities.

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.249.8 billion, which is around 403.3 percent higher than the figures recorded last week. Similarly, the total purchase of securities stood at Rs.95.9 billion, which is 326.1 percent higher than the prior week.

Consequently, the net sale of securities for the week ended March 13, 2020 clocked in at Rs.153.98 billion, i.e. around Rs.126.84 billion lower than last week's numbers.

Over the week, the overall purchase of securities rose by Rs.73.36 billion while the net sale of securities increased by Rs.200.2 billion.

Apart from this, the inflow of remittance into these accounts stood at Rs.1.9 billion, while its outflow has been reported at Rs.152.83 billion.

The closing balance of SCRA was recorded at Rs.31.91 billion, which marks a rise of Rs.2.91 billion over the week.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg