NSS: Savings mobilisation expands 36% YoY during 1HFY20

News Image

MG News | January 31, 2020 at 10:51 AM GMT+05:00

0:00

January 31, 2020 (MLN): Savings mobilisation by the National Savings Schemes (NSS) during July- Dec 2019 clocked in at Rs 111.8 billion, 54% higher than the amount of savings mobilised in July- December 2018.

According to the latest data released by State Bank of Pakistan (SBP) yesterday, savings mobilised under the NSS in December alone amounted to Rs 6.97 billion, which is 36% higher than the corresponding figure for the same month of 2018-19. While in the preceding month, it stood at Rs 23.8 billion, showing a massive decline of 71% MoM.

During the first 6 months of the current fiscal year, most of the incremental mobilisation went into Defence Saving Certificates (Rs 89.56 billion) and Regular Income Certificates (Rs 69.88 billion). While the investment in other saving schemes recorded at Rs 120.5 billion.      

On the contrary, holdings in Prize Bonds and Special Saving Certificates witnessed the withdrawal of Rs 10.3 billion and Rs 157.79 billion respectively during 1HFY20.

While in the month of December, most of the investment was witnessed in Regular Income Certificates (Rs 1 billion).

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 136,502.54
259.91M
1.64%
2202.77
ALLSHR 85,079.90
838.35M
1.26%
1061.74
KSE30 41,552.62
97.27M
1.81%
738.33
KMI30 193,330.76
84.69M
0.39%
741.60
KMIALLSHR 56,315.31
366.02M
0.43%
243.06
BKTi 38,498.08
37.91M
4.13%
1526.33
OGTi 28,138.38
5.66M
-0.36%
-101.89
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 120,110.00 123,615.00
118,675.00
1580.00
1.33%
BRENT CRUDE 69.19 71.53
69.08
-1.17
-1.66%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 106.50 106.60
106.50
-2.20
-2.02%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.96 69.65
66.84
-1.49
-2.18%
SUGAR #11 WORLD 16.31 16.67
16.27
-0.26
-1.57%

Chart of the Day


Latest News
July 14, 2025 at 05:26 PM GMT+05:00

Gold price in Pakistan rises Rs1,600 per tola


July 14, 2025 at 04:59 PM GMT+05:00

Tax reforms focus on public ease, transparency


July 14, 2025 at 04:23 PM GMT+05:00

PSX Closing Bell: Another One Bites the High


July 14, 2025 at 04:06 PM GMT+05:00

PKR falls 25 paisa per USD



Top 5 things to watch in this week

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