Dollar stable, KSE - 100 up by 387 points

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By MG News | December 08, 2017 at 02:14 PM GMT+05:00

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The index reported substantial gains during first session on Monday as investors viewed the fluctuation in the forex market carefully.

The market was shaken today as both Interbank and Open market rates for Dollar went up by Rs. 4.5 and Rs. 1.5 respectively. According to a local daily, the State Bank Spokesperson has said that the rate for dollar after keeping in view the demand and supply.

PKR is currently trading at 106.50/107.90.

Commercial Banks, O&G Companies, and Power Generation & Distribution companies gained the most during the day.

Oil & Gas Exploration stocks gained as Rupee depreciated against the Dollar as selling prices are indexed to international prices. Furthermore, the Power Companies (IPPs) gained post the dollar spike as Return of the Power sector is indexed to Rupee Dollar parity.

However, the cement sector scrips were the worst affected as import prices for coal were to take a hit.

Index is currently trading at 39172.20, up by 387.54 points. 

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Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,935.00 110,525.00
107,865.00
-480.00
-0.43%
BRENT CRUDE 67.61 67.81
67.22
-0.69
-1.01%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.82 67.18
65.40
-1.18
-1.76%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

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