Weekly SCRA records net purchase of Rs3bn

MG News | July 19, 2024 at 11:20 AM GMT+05:00

0:00

July 19, 2024 (MLN): The net purchase of securities for the week ended July 05, 2024 clocked in at Rs3.14bn, as compared to a net purchase worth Rs2.86bn recorded last week, according to data released by the State Bank of Pakistan.

During the week, the gross sale of securities was recorded at Rs20.05bn, which is around 34.29% lower than the figures recorded last week.

Similarly, the total purchase of securities stood at Rs23.18bn, which is 30.53% lower than the prior week, resulting in a net purchase of Rs3.14bn for the week.

Over the week, the overall purchase of securities decreased by Rs10.19bn while the net sale of securities decreased by Rs10.46bn.

Apart from this, the inflow of remittance into these accounts stood at Rs12.39bn, while its outflow has been reported at Rs9.36bn.

The closing balance of SCRA was recorded at Rs26.09bn, which marks a rise of Rs204.41 million over the week.

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