Capital markets remain in a state of consolidation during the first half of trading session

After opening the previous two trading sessions in the positive zone, the capital markets snap back to a negative session start, as the benchmark KSE – 100 index began the day’s trading 15 points lower than yesterday’s closing value.

Investors are demonstrating mixed sentiments during the first half of the session, thus the market remains in a state of consolidation. Having lost merely 13 points, the 100-index is currently trading at 42,732 points.

So far, the 100 index has floated to an intraday high of 42,843 points and sunk to an intraday low of 42,679 points, thus moving within a range of 163 points.

42.3 million Shares of the companies registered within KSE – 100 have been traded as of now, at PKR 3.3 billion.

The net gaining sectors that are presently contributing the most towards the 100 – index include Oil & Gas Marketing Companies and Oil & Gas Exploration Companies.

On the other hand, the sector taking away the most points from KSE – 100 index is Food & Personal Care Products.

The broader KSE All Share on the other hand has lost 95 points and is trading at 30,880 points, presently.

So far, KSE All share has touched an intraday high of 31,038 points and an intraday low of 30,858 points.

The companies traded within the broader KSE have witnessed a trading activity of 108.2 million at PKR 4.7 billion.

Among the constituents, Rafhan Maize Products Limited is leading the gains in term of rupees change, which increased by Rs.99.

On the other hand, Nestle is trading among the net losers, having lost Rs.515 as of now.

Agritech Limited has traded 11 million shares by now and is leading the volumes within Karachi Stock Exchange.