Norway is on top of the FDI chart during Jul-Nov FY20

MG News | December 18, 2019 at 01:01 PM GMT+05:00
December 18, 2019 (MLN): Norway has emerged as the first largest foreign direct investor in Pakistan during Jul-Nov FY20, with investments pegged at about $334 million.
According to the latest data published by State Bank of Pakistan (SBP), Net FDI from Norway stood at $70.3 million in the month of November 2019.
China came at second as its net foreign direct investment in Pakistan was recorded at $141.9 million, showing a robust growth of 47% due to its new and ongoing projects i.e. China-Pakistan Economic Corridor (CPEC) in Pakistan. Its total direct investment into the country valued at $19.9 million during November 2019.
Next in line is the United Kingdom, the cumulative amount of investment from the United Kingdom stood at $65 million, declined by 34%YoY during Jul-Nov FY20, against a total of $99.4 million worth of investment in the same period of FY19. Net inflows from the United Kingdom clocked in at $9.1 million during November 2019.
While net FDI from Malaysia, Japan and the United States witnessed $35.5 million, $33.4 million and $32.8 million during Jul-Nov FY20.
Speaking of net Foreign Portfolio investment (FPI) particularly, the United Kingdom emerged as the biggest source of portfolio investment in Jul-Nov FY20 as it recorded at $35.7 million. Hong Kong emerged as the second-biggest source of net FPI with $14 million during Jul-Nov FY20.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 133,782.35 325.79M |
0.91% 1205.36 |
ALLSHR | 83,615.82 940.14M |
0.76% 632.14 |
KSE30 | 40,681.77 65.23M |
0.80% 322.98 |
KMI30 | 191,640.88 61.56M |
0.48% 913.56 |
KMIALLSHR | 55,891.51 405.64M |
0.35% 193.03 |
BKTi | 36,988.68 20.05M |
2.06% 746.62 |
OGTi | 28,181.50 5.52M |
-0.50% -141.92 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 111,080.00 | 112,170.00 111,065.00 |
-1165.00 -1.04% |
BRENT CRUDE | 68.87 | 70.48 68.67 |
-1.32 -1.88% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
1.00 1.04% |
ROTTERDAM COAL MONTHLY | 109.00 | 110.00 109.00 |
1.25 1.16% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 66.85 | 68.65 66.63 |
-1.53 -2.24% |
SUGAR #11 WORLD | 16.42 | 16.56 16.27 |
-0.14 -0.85% |
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 |
---|