Pakistan sees a Foreign Direct Investment of $9.4 million in May

MG News | June 19, 2020 at 05:31 PM GMT+05:00

0:00

June 19, 2020 (MLN): Pakistan welcomed Foreign Direct Investments of $9.4 million during the month of May, 2020, after witnessing divestments for the past two months consecutively.

According to the monthly data compiled by the State Bank of Pakistan, the Foreign Private Investment into the country amounted to $64.2 billion, out of which, $120 million was attributed to Direct Investments, whereas a disinvestment of $55.8 million was attributed to Equity Securities i.e. a part of Portfolio Investments.

Within the Direct Investments, there was an inflow of $203.6 million and an outflow of $83.6 million during the month.

On the other hand, there was a disinvestment of $ 54.8 million in Foreign Public Investment, wherein the entire amount was attributed to Debt Securities.

Pakistan has gained around $1.87 billion in Foreign Direct Investment during the 11 months of Fiscal Year 2019, with the largest FDI witnessed in the month of January, 2020.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	185,098.83 381.92M	2.01% 3642.50
ALLSHR	111,509.35 956.25M	2.13% 2327.02
KSE30	56,737.75 167.91M	2.00% 1112.07
KMI30	260,872.72 165.83M	2.57% 6529.72
KMIALLSHR	71,488.31 461.39M	2.50% 1744.73
BKTi	53,691.60 50.03M	1.27% 672.83
OGTi	38,672.45 45.54M	4.90% 1805.03

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	94,940.00	96,060.00 94,395.00	-415.00 -0.44%
BRENT CRUDE	64.49	64.77 63.44	0.73 1.14%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-2.00 -2.25%
ROTTERDAM COAL MONTHLY	97.90	98.10 97.70	0.55 0.57%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	59.77	60.05 58.81	0.69 1.17%
SUGAR #11 WORLD	14.95	14.97 14.60	0.38 2.61%