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BSP-Registered Foreign Portfolio Investments Yield Net Outflows in October 2021.

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ENPNewswire-November 26, 2021--BSP-Registered Foreign Portfolio Investments Yield Net Outflows in October 2021

(C)2021 ENPublishing - http://www.enpublishing.co.uk

Release date- 24112021 - BSP-registered foreign portfolio investments (FPIs)1 in October 2021 yielded net outflows of US$221 million resulting from the US$1.17 billion gross outflows and US$950 million gross inflows for the month.

This is higher compared to the net outflows of US$24 million recorded in September 2021.

The US$950 million registered investments for October 2021 reflected a 20.1 percent (or by US$239 million) decline compared to the US$1.2 billion recorded in September 2021. Majority of investments registered (or 95.6 percent) were in

PSE-listed securities (investments mainly in food, beverage and tobacco, property, banks, holding firms and information technology) while the remaining 4.4 percent went to investments in Peso government securities. The United Kingdom, United States (US), Hong Kong, Luxembourg and Switzerland were the top five (5) investor countries for the month with combined share to total at 70.7 percent.

The US$1.17 billion gross outflows for the month were lower by 3.5 percent (or by US$42 million) than the US$1.21 billion recorded in September 2021. The US received 69.0 percent of total outflows.

Year-on-year, registered investments declined by 29.8 percent from the US$1.4 billion recorded in October 2020. Conversely, gross outflows were higher than the outflows recorded a year ago (US$913 million) by 28.2 percent. It may be noted that the US$221 million net outflows were a reversal from the US$439 million net inflows recorded for the same...

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