SCRA position improves by Rs.665 Million

News Image

By MG News | November 28, 2019 at 06:20 PM GMT+05:00

0:00

November 28, 2019 (MLN): Foreign investors continued to be net buyers for the sixth successive week as the total purchase of securities during the week via Special Convertible Rupee Account (SCRA) outstripped total sale by around Rs. 49.84 billion as on November 22, 2019.

According to a weekly report on Specially Convertible Rupee Accounts (SCRA) released by the State Bank of Pakistan, the gross sale of securities during the week was recorded at Rs.52.4 billion, which is around 147.3 percent higher than the figures recorded last week. Similarly, the total purchase of securities stood at Rs.102.2 billion, which is 156 percent higher than the prior week.

Consequently, the net purchase of securities for the week ended November 22, 2019 clocked in at Rs.49.84 billion, i.e. around Rs.31.09 billion higher than last week's numbers.

Over the week, the overall purchase of securities rose by Rs.62.28 billion while the net sale of securities increased by Rs.31.19 billion.

Apart from this, the inflow of remittance into these accounts stood at Rs.52.43 billion, while its outflow has been reported at Rs.2.46 billion.

The closing balance of SCRA was recorded at Rs.28.45 billion, which marks a rise of Rs.664.75 million over the week.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 132,566.27
91.53M
-0.63%
-836.93
ALLSHR 82,932.45
503.15M
-0.31%
-255.60
KSE30 40,337.76
32.96M
-0.77%
-313.70
KMI30 190,798.01
37.08M
-0.67%
-1285.90
KMIALLSHR 55,682.49
257.83M
-0.30%
-165.20
BKTi 36,161.73
5.79M
-0.72%
-261.14
OGTi 28,223.24
7.04M
-0.75%
-214.37
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,065.00 109,545.00
108,625.00
-150.00
-0.14%
BRENT CRUDE 69.98 70.09
69.85
-0.17
-0.24%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.05
2.15%
ROTTERDAM COAL MONTHLY 106.65 106.65
106.25
0.50
0.47%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.15 68.27
67.78
-0.18
-0.26%
SUGAR #11 WORLD 16.15 16.37
16.10
-0.13
-0.80%

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