Pakistan witnesses foreign disinvestment of $198.3 million in December

News Image

MG News | January 16, 2020 at 05:27 PM GMT+05:00

0:00

January 16, 2020: The month of December turned out to be a disappointment for Pakistan, as instead of inflow of funds, the country witnessed foreign disinvestment of $198.3 million.

According to the monthly data reported by the State Bank of Pakistan, this is the first time since April, 2019, that the country has seen negative investment. In fact, the figures are poles apart from the ones reported in the previous month, wherein the economy welcomed foreign investments of $904.1 million.  

A breakdown of the above-mentioned figure shows that the Foreign Private Investment stood at $486.3 million, which comprised of Direct Investment of $487 million and Portfolio Disinvestment of $0.8 million.   

On the other hand, the Foreign Public Disinvestment totaled $684.5 million during the month, all of which was accorded to Debt Securities.

It is imperative to note that the outflow of funds was a result of $1 billion Eurobonds repaid by the Government on December 3, 2019.

Nonetheless, the foreign direct investment during the first six months of Fiscal Year 2020 stood at $1.34 billion, marking a rise of 68% as compared to the same period of last year. Moreover, Foreign portfolio investment during the same period amounted to $452 million.

The overall investment in Pakistan during the six months stood at $1.8 billion, as opposed to $377 million of same period last year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 133,782.35
325.79M
0.91%
1205.36
ALLSHR 83,615.82
940.14M
0.76%
632.14
KSE30 40,681.77
65.23M
0.80%
322.98
KMI30 191,640.88
61.56M
0.48%
913.56
KMIALLSHR 55,891.51
405.64M
0.35%
193.03
BKTi 36,988.68
20.05M
2.06%
746.62
OGTi 28,181.50
5.52M
-0.50%
-141.92
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,255.00 112,170.00
111,190.00
-990.00
-0.88%
BRENT CRUDE 69.61 70.48
69.35
-0.58
-0.83%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.00
1.04%
ROTTERDAM COAL MONTHLY 109.00 110.00
109.00
1.25
1.16%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.72 68.65
67.42
-0.66
-0.97%
SUGAR #11 WORLD 16.39 16.56
16.27
-0.17
-1.03%

Chart of the Day


Latest News
July 10, 2025 at 05:14 PM GMT+05:00

Car sales rise 64% in June 2025


July 10, 2025 at 05:01 PM GMT+05:00

Gold price in Pakistan rises Rs3,200 per tola


July 10, 2025 at 04:33 PM GMT+05:00

PSX Closing Bell: El Toro


July 10, 2025 at 04:33 PM GMT+05:00

PKR weakens by 10 paisa against USD



Top 5 things to watch in this week

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