Bears dominate the trading floors as KSE - 100 index loses another 544 pts

By MG News | December 12, 2018 at 05:58 PM GMT+05:00
December 12, 2018 (MLN): Continuing to project their dominance on trading floors, the bears have driven the KSE – 100 index in red for the second session in a row.
Following Sui Southern Gas Company’s announcement regarding gas supply outage in the captive power plants of all industries and CNG stations, the market participants seemed to be engulfed in a wave of negative sentiments, causing the benchmark index to shed another 544 points by session end.
Standing closed at 38,307 points, the index lost over 1.4% over yesterday’s closing value.
Travelling within the range of 721 points, the 100-index touched an intraday high of 38,851 points and an intraday low of 38,130 points.
Total volume of shares traded today have exceeded yesterday’s volumes considerably, logging in at a total trade of 107 million shares, at PKR 6 billion.
Commercial Banks stripped the index of over 220 points today, thereby emerging as the top net losing sector of the day.
In particular, loss on the scrips of HBL (-2.85%) and UBL (-2.77%) was the main reason for today’s shortfall.
Of all the companies whose shares were traded today, the share prices of only 13 companies increased, whereas 76 companies witnessed a price decline.
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Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 132,614.07 89.20M |
-0.59% -789.12 |
ALLSHR | 82,949.56 490.31M |
-0.29% -238.49 |
KSE30 | 40,350.62 32.11M |
-0.74% -300.84 |
KMI30 | 190,770.53 36.33M |
-0.68% -1313.38 |
KMIALLSHR | 55,693.56 251.63M |
-0.28% -154.14 |
BKTi | 36,190.67 5.58M |
-0.64% -232.20 |
OGTi | 28,238.69 6.86M |
-0.70% -198.92 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 109,065.00 | 109,545.00 108,625.00 |
-150.00 -0.14% |
BRENT CRUDE | 69.99 | 70.09 69.85 |
-0.16 -0.23% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
2.05 2.15% |
ROTTERDAM COAL MONTHLY | 106.65 | 106.65 106.25 |
0.50 0.47% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 68.15 | 68.27 67.78 |
-0.18 -0.26% |
SUGAR #11 WORLD | 16.15 | 16.37 16.10 |
-0.13 -0.80% |
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