Bearish sentiments continue in intraday trading

Market sentiment is looking bearish so far as the benchmark KSE – 100 index is currently trading at 42,442 points, having shed 102 points.

As of now, intraday high has been recorded at 42,628 points while intraday low has dropped to 42,371 points as the 100 – index travels within a range of 256 points.

The scrips listed within KSE – 100 have been traded a volume of 21.9 million shares, at a value of PKR 1.6 billion.

The net losing sectors that have taken away the most points from the 100 – index so far are Fertilizer and Cement, as they have taken 65 points collectively, by far. Tobacco follows next in line with a takeaway of 27 points.

Furthermore, KSE All Share has lost 66 points and is trading at 30,690 points at present.

Intraday high within KSE All share has touched 30,816 points so far, and an intraday low of 30,586 points has been reached.

A total of 49.5 million shares have been traded within the broader KSE by now, at a value of PKR 2.2 billion.

In terms of change in stock prices, Nestle has gained Rs.485 while Pakistan Tobacco has lost Rs.104.99 so far, as they trade as the top net gainer and top net loser respectively.

Agritech Limited on the other hand is leading the volumes amongst all constituents within KSE, having traded 9.4 million shares up till now.

Posted on: 2018-08-29T11:50:00+05:00

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