Pakistan attracts $223mn FDI in October
MG News | November 17, 2021 at 05:29 PM GMT+05:00
November 17, 2021 (MLN): Foreign direct investment in Pakistan stood at $223 million during October ’21, down by 6% MoM against the net inflow of $236mn recorded in Oct’21.
Similarly, on yearly basis, it shrank by 24% YoY when compared to the net investment of $293.1mn during October’20.
According to the data compiled by the State Bank of Pakistan, FDI declined by 11.8% YoY to $662.1mn during 4MFY22, i.e., July to October, as compared to FDI of $750.6mn reported in the corresponding period last year.
During the month of October, the Foreign Private Investment into the country amounted to $145mn, out of which, $223mn was attributed to Direct Investments, whereas disinvestment of $78mn was attributed to Equity Securities i.e., a part of Portfolio Investments.
Within the Direct Investments, there was an inflow of $299.6mn and an outflow of $76.6mn during the month.
Under the Foreign Public Investment, $1bn worth of disinvestment was witnessed in debt securities during October’21 against the outflow of $243.7mn in Oct’20 and inflows of $3.3mn recorded in Sep’21.
All in all, the country witnessed Foreign disinvestments of $894.9mn in Pakistan during the month when compared to net inflows of $12.3mn in Oct’20 and $153.8mn in the previous month.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 178,519.62 157.02M | 1.23% 2164.13 |
| ALLSHR | 107,218.69 399.31M | 1.06% 1123.61 |
| KSE30 | 54,772.79 83.19M | 1.41% 762.47 |
| KMI30 | 254,490.06 77.73M | 1.52% 3804.08 |
| KMIALLSHR | 69,505.58 254.08M | 1.23% 846.10 |
| BKTi | 50,162.89 23.36M | 1.11% 550.37 |
| OGTi | 35,971.42 10.24M | 2.03% 714.87 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 89,085.00 | 89,645.00 88,720.00 | 1200.00 1.37% |
| BRENT CRUDE | 61.17 | 61.21 60.83 | 0.32 0.53% |
| RICHARDS BAY COAL MONTHLY | 86.75 | 0.00 0.00 | 0.65 0.75% |
| ROTTERDAM COAL MONTHLY | 96.75 | 0.00 0.00 | 0.20 0.21% |
| USD RBD PALM OLEIN | 1,027.50 | 1,027.50 1,027.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 57.73 | 57.78 57.41 | 0.31 0.54% |
| SUGAR #11 WORLD | 14.95 | 15.22 14.80 | 0.11 0.74% |
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 |
|---|
CPI