Overseas investors revert to net puchase of securities

News Image

By MG News | June 12, 2019 at 06:22 PM GMT+05:00

0:00

June 12, 2019 (MLN): Market participants stationed abroad have reverted to purchasing securities at the local stock markets after leaning towards a sell-off for the prior two weeks

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.9.1 billion, which is around 53.3 percent higher than the figures recorded last week. Similarly, the total purchase of securities stood at Rs.11.1 billion, which is 86.3 percent higher than the prior week.

Consequently, the net purchase of securities for the week ended May 31, 2019 clocked in at Rs.1.94 billion, whereas last week, the accounts observed a net sale of Rs.14.15 million.

Over the week, the overall purchase of securities rose by Rs.5.13 billion while the net sale of securities increased by Rs.3.18 billion.

Apart from this, the inflow of remittance into these accounts stood at Rs.4.45 billion, while its outflow has been reported at Rs.3.92 billion.

The closing balance of SCRA was recorded at Rs.28.21 billion, which marks a decline of Rs.235.45 million over the week.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup


July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court



Top 5 things to watch in this week

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