Investment in equity market via SCRA declines by 1.33 bln over the week

News Image

By MG News | January 17, 2020 at 04:11 PM GMT+05:00

0:00

January 17, 2020 (MLN): Improved macroeconomic conditions continued to increase Foreign Investors’ interest in local equity markets as 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.27.1 billion, which is around 125.3 percent higher than the figures recorded last week.

Similarly, the total purchase of securities stood at Rs.57.9 billion, which is 207.2 percent higher than the prior week.

Consequently, the net purchase of securities for the week ended January 10, 2020 clocked in at Rs.30.87 billion, i.e. around Rs.24.03 billion higher than last week's numbers.

Over the week, the overall purchase of securities rose by Rs.39.08 billion while the net sale of securities increased by Rs.15.05 billion.

Apart from this, the inflow of remittance into these accounts stood at Rs.31.49 billion, while its outflow has been reported at Rs.2.35 billion.

The closing balance of SCRA was recorded at Rs.29.62 billion, which marks a decline of Rs.1.33 billion over the week.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,000.00 108,000.00
107,505.00
-235.00
-0.22%
BRENT CRUDE 66.54 66.63
66.48
-0.20
-0.30%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.88 65.02
64.82
-0.23
-0.35%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
July 01, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management



Top 5 things to watch in this week

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