Pakistan records FDI of $358.8m in April

News Image

MG News | May 17, 2024 at 04:40 PM GMT+05:00

0:00

May 17, 2024 (MLN): Pakistan has recorded a Foreign Direct Investment (FDI) of $358.84m in April, compared to an FDI of $131.9m in the Same Period Last Year (SPLY), the latest data issued by the State Bank of Pakistan (SBP) showed.

Comparison on a month-on-month basis shows that the country reported an investment of $258.04m witnessed in the previous month.

Cumulatively in 10MFY24, the country fetched an FDI of $1.46 billion against the $1.35 billion attracted in the Same Period Last fiscal year.

Within the direct investments in the review month, there was an inflow of $414.04m, up by 133.79% YoY, while the outflow increased to $55.21m, up by over 22.15% YoY.

Concerning portfolio investment under FDI, an inflow of $16.31m was witnessed through equity securities, as compared to an inflow of $6.12m in April 2023.

The foreign private investment into the country amounted to a positive $375.14m in April 2024, as compared to private investment worth $138.02m recorded in April 2023.

Meanwhile, with respect to foreign public investment, an outflow of $979.85m was witnessed during the review month through equity securities.

Accordingly, the total foreign divestment in the review month clocked in at $604.71m, compared to an investment of $139.17m in April 2023.

On a cumulative basis, within 10MFY24, the total foreign investment stood at $659.26m as compared to foreign investment of $341.39m reported in the corresponding period last year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 156,177.82
367.85M
-0.00%
-3.12
ALLSHR 95,630.38
1,498.37M
-0.06%
-60.44
KSE30 47,678.47
206.79M
-0.08%
-35.92
KMI30 229,682.22
174.86M
-0.02%
-39.87
KMIALLSHR 64,366.76
638.47M
-0.08%
-53.31
BKTi 41,922.80
89.51M
-0.11%
-46.72
OGTi 31,735.79
16.87M
-0.80%
-255.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,910.00 117,295.00
116,115.00
1085.00
0.94%
BRENT CRUDE 67.91 68.59
67.62
-0.56
-0.82%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.50 93.50
93.50
0.15
0.16%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.78 63.82
63.59
-0.27
-0.42%
SUGAR #11 WORLD 16.23 16.59
16.23
-0.33
-1.99%

Chart of the Day


Latest News
September 18, 2025 at 12:19 AM GMT+05:00

Pakistan, Saudi Arabia sign Strategic Mutual Defense Agreement


September 17, 2025 at 11:55 PM GMT+05:00

Fed delivers 25 basis-point rate cut


September 17, 2025 at 05:37 PM GMT+05:00

Auction Result: Govt raises Rs201bn through T-bills


September 17, 2025 at 04:59 PM GMT+05:00

Hala Enterprises to increase weaving capacity by 75%


September 17, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Flatlined but Holding On



Top 5 things to watch in this week

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