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Foreigners remain net sellers of domestic stock

Desprado

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September 24, 2021 (MLN): Overseas investors sold net securities worth Rs645.05 million during the week ended September 17, 2021, which was around Rs13.54 billion higher than last week's numbers.

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.17.7 billion, which is around 54.1 percent lower than the figures recorded last week. Similarly, the total purchase of securities stood at Rs.17.1 billion, which is 30 percent lower than the prior week.

Over the week, the overall purchase of securities declined by Rs.7.34 billion while the net sale of securities tumbled by Rs.20.88 billion.

Apart from this, the inflow of remittance into these accounts stood at Rs.1.45 billion, while its outflow has been reported at Rs.6.43 billion.

The closing balance of SCRA was recorded at Rs.29.23 billion, which marks a decline of Rs.4.33 billion over the week.

Enjoy cars sales growth.
 

TheDarkKnight

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September 24, 2021 (MLN): Overseas investors sold net securities worth Rs645.05 million during the week ended September 17, 2021, which was around Rs13.54 billion higher than last week's numbers.

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.17.7 billion, which is around 54.1 percent lower than the figures recorded last week. Similarly, the total purchase of securities stood at Rs.17.1 billion, which is 30 percent lower than the prior week.

Over the week, the overall purchase of securities declined by Rs.7.34 billion while the net sale of securities tumbled by Rs.20.88 billion.

Apart from this, the inflow of remittance into these accounts stood at Rs.1.45 billion, while its outflow has been reported at Rs.6.43 billion.

The closing balance of SCRA was recorded at Rs.29.23 billion, which marks a decline of Rs.4.33 billion over the week.

Enjoy cars sales growth.
We are enjoying the CPEC tariffs and energy agreements a lot more. I wonder why this specific negative news was not posted by you and your other foolish friend @FOOLS_NIGHTMARE




The PTI government in the past had announced plans to renegotiate the power tariffs and return on equity given to Chinese investors of the energy projects. It also wanted to seek a rollover of the $3 billion maturing Chinese repayments.

Along with CAD of 24 billion dollar this is another gift of NS.
 

Desprado

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We are enjoying the CPEC tariffs and energy agreements a lot more. I wonder why this specific negative news was not posted by you and your other foolish friend @FOOLS_NIGHTMARE




The PTI government in the past had announced plans to renegotiate the power tariffs and return on equity given to Chinese investors of the energy projects. It also wanted to seek a rollover of the $3 billion maturing Chinese repayments.

Along with CAD of 24 billion dollar this is another gift of NS.
Maybe you did not see this.
 

TheDarkKnight

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Maybe you did not see this.
China will defend their contracts, and are now demanding their pound of flesh. Notice they are not denying the 20% guaranteed profits - wow. But the question was, how was the payment crisis being generated now missed by your filter, you are only creating a thread which is an unofficial clarification and doesn’t even refute the 20% ripoff.
 

Desprado

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China will defend their contracts, and are now demanding their pound of flesh. Notice they are not denying the 20% guaranteed profits - wow. But the question was, how was the payment crisis being generated now missed by your filter, you are only creating a thread which is an unofficial clarification and doesn’t even refute the 20% ripoff.
I said China Urdu. You are too Emotional typical PTI.
 

TheDarkKnight

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I said China Urdu. You are too Emotional typical PTI.
What is China Urdu? Any Chinese media is a mouthpiece of Chinese govt anyway, or you think they have a free and independent media :cheesy:

I am only emotional about the backstabbing and stupidity of PMLN that has created another unpayable debt for our nation, but you carry on with your propaganda directions from your media cell and keep parroting the narrative that all the problems of Pakistan in the last 40 years are due to PTI dharna blah blah blah. And only an NRO for NS can save us.
 
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