Risk-averse foreign investors pull out another $76.53 million on Friday

By MG News | March 30, 2020 at 06:45 PM GMT+05:00
March 30, 2020 (MLN): The foreign net outflow continued to increase to $76.53 on March 27, 2020 from Pakistan’s sovereign debt securities and equity as fears of a global recession over COVID-19 spread heightened risk aversion.
According to the daily SCRA data published by SBP, the local market witnessed total inflows of $1.43 million on the said day whereas foreigners withdrew $74.65 million from T-bills and $3.31 million from local equities, aggregating the outflow of $77.96 million.
This month so far, international investors detached $1.65 billion (net) from T-bills, whereas, $81.37 million and $45.397 million (net) have been withdrawn from equities and PIBs respectively, bringing the total net outflows to arrive at $1.78 billion.
Cumulatively, from July to date, foreigners have poured $3.43 billion in T-bills, out of which $1.98 billion has been withdrawn, indicating $1.44 billion still parked in T-bills.
With regards to PIBs, the total foreign inflow from July 2019 to date has been recorded at $60.5 million, out of which $45.42 million has been extracted so far.
This suggests that since July, cumulatively foreigners invested $3.49 billion in Government Securities (T-bills and PIBs) out of which $2.03 billion has been withdrawn, bringing the total net inflows to settle at $1.46 billion.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 131,280.65 22.98M |
0.45% 593.99 |
ALLSHR | 81,682.48 119.29M |
0.46% 377.22 |
KSE30 | 40,152.02 13.08M |
0.52% 206.57 |
KMI30 | 191,370.59 13.34M |
0.35% 672.54 |
KMIALLSHR | 55,228.94 59.08M |
0.28% 154.78 |
BKTi | 34,990.71 1.68M |
1.22% 422.31 |
OGTi | 28,662.38 0.89M |
-0.27% -76.97 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 109,945.00 | 110,525.00 109,735.00 |
-470.00 -0.43% |
BRENT CRUDE | 68.59 | 68.89 68.42 |
-0.21 -0.31% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
-0.75 -0.76% |
ROTTERDAM COAL MONTHLY | 108.45 | 109.80 108.45 |
-0.55 -0.50% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 66.87 | 67.18 66.72 |
-0.13 -0.19% |
SUGAR #11 WORLD | 16.37 | 16.40 15.44 |
0.79 5.07% |
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 |
---|