Weekly SCRA records Rs10bn sale

MG News | November 28, 2024 at 08:00 PM GMT+05:00

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November 28, 2024 (MLN): The net sale of securities for the week ended November 22, 2024 clocked in at Rs10.1bn, as compared to a net sale worth Rs3.61bn recorded last week, data released by the State Bank of Pakistan showed.

During the week, the gross sale of securities was recorded at Rs39.95bn, which is around 19.32% higher than the figures recorded last week.

Similarly, the total purchase of securities stood at Rs29.86bn, which is 0.08% lower than the prior week, resulting in a net sale of Rs10.1bn for the week.

Over the week, the overall purchase of securities decreased by Rs23.28m while the net sale of securities increased by Rs6.47bn.

Apart from this, the inflow of remittance into these accounts stood at Rs721.91m, while its outflow has been reported at Rs16.93bn.

The closing balance of SCRA was recorded at Rs28.82bn, which marks a decline of Rs5.96bn over the week.

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