International investors further detach $94.7 million from T-bills on Tuesday

News Image

By MG News | March 25, 2020 at 05:41 PM GMT+05:00

0:00

March 25, 2020 (MLN): International investors are constantly withdrawing their investment in the domestic sovereign debt Securities due to the growing concerns over COVID-19. On Tuesday, i.e. March 24, 2020, foreigners have pulled back further $94.7 million from T-bills.

This has led the total outflow of foreign currency to stand at $101.9 million on the day.

Spike in selling was also witnessed in Equities as according to SBP's daily SCRA data, $7.99 million had been withdrawn during the day compared to the inflows of $702 thousands, bringing the total net outflow to arrive at $7.29 million in Equities.

This month so far, international investors have retracted $1.5 billion (net) from T-bills, whereas, $72.2 and $40.4 million (net) have been withdrawn from equities and PIBs respectively, causing the total outflows to arrive at $1.6 billion.

Cumulatively, from July to date, foreigners have poured $3.43 billion in T-bills, out of which $1.83 billion has been withdrawn, indicating $1.6 billion still parked in T-bills.

With regards to PIBs, the total foreign inflow from July 2019 to date has been recorded at $60.5 million, out of which $40.4 million has been extracted so far.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 133,716.80
170.38M
0.26%
346.65
ALLSHR 83,363.14
639.83M
0.34%
281.99
KSE30 40,762.67
62.44M
0.14%
57.37
KMI30 192,669.89
71.10M
0.05%
89.21
KMIALLSHR 55,930.48
385.27M
0.17%
94.77
BKTi 36,502.37
10.47M
0.51%
185.19
OGTi 28,543.78
7.24M
0.00%
0.82
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,770.00 108,880.00
107,680.00
315.00
0.29%
BRENT CRUDE 69.55 69.61
69.03
-0.03
-0.04%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.90
3.07%
ROTTERDAM COAL MONTHLY 106.00 106.75
106.00
0.25
0.24%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.80 67.97
67.40
-0.13
-0.19%
SUGAR #11 WORLD 16.18 16.30
16.17
-0.10
-0.61%

Chart of the Day


Latest News
July 08, 2025 at 12:56 PM GMT+05:00

Oil prices dip after U.S. tariff moves, OPEC+ output hike


July 08, 2025 at 12:04 PM GMT+05:00

Saudi Riyal available at PKR 76.4 in open market


July 08, 2025 at 11:55 AM GMT+05:00

NBP leads Pakistan’s banks in shareholder value surge


July 08, 2025 at 11:39 AM GMT+05:00

Pakistan-Afghanistan railway talks progress


July 08, 2025 at 10:42 AM GMT+05:00

Pakistan moves to regulate crypto with PVARA approval



Top 5 things to watch in this week

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