Foreign portfolio investment

Published January 9, 2003

ISLAMABAD, Jan 8: In order to provide maximum information to the investors in the capital market, the Securities and Exchange Commission of Pakistan (SECP) has requested the State Bank to periodically release official data of inflows and outflows of foreign portfolio investment.

According to a press release issued by the SECP here on Wednesday, the State Bank had released the following data for the period of December 9 to December 21, 2002:

Opening market value of shares/securities as on December 9, 2002 — Rs15,818.79 million; purchase of shares/securities from December 9-December 21, 2002 — Rs427.90 million; sale of shares/securities from December 9-December 21, 2002 — Rs1636.86 million; net purchase/(sale of shares)/securities from December 9-December 21, 2002 — Rs-1,208.96 million; and market value of shares/securities as on December 21, 2002 — Rs17,340.74 million.—APP

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