Early Trade: KSE-100 index up by 459 points

MG News | November 06, 2019 at 10:33 AM GMT+05:00

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November 6, 2019 (MLN): The KSE-100 index has gained 459 points in the early trade session, and is currently trading at 35,817-level [10:26 am].

Yesterday, the government announced to reduce the profit rates on various national saving schemes which have fueled the sentiments of investors in the stock market. Moreover, the demand for cement is going up as construction of megaproject dams will commence in 3 to 4 months as per the Dams Committee.

So far, the Oil and Gas Exploration Companies has emerged as the top performer, as it has contributed 81 points to the index, followed by Cement Sector and Commercial Banks with 70 and 66 points respectively.

Company-wise, the index is being driven by the scrips of HUBC, LUCK, POL and OGDC.

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Name	Price/Vol	%Chg/NChg
KSE100	184,409.67 393.48M	-0.61% -1133.34
ALLSHR	110,382.58 1,026.61M	-0.45% -501.36
KSE30	56,593.88 158.22M	-0.71% -404.12
KMI30	259,208.41 213.19M	-0.87% -2263.77
KMIALLSHR	70,710.78 493.25M	-0.60% -427.51
BKTi	53,774.72 51.55M	-0.55% -299.43
OGTi	36,045.04 14.71M	-0.59% -214.34

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,645.00	92,275.00 89,825.00	-460.00 -0.50%
BRENT CRUDE	63.02	63.92 61.83	1.03 1.66%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-1.25 -1.42%
ROTTERDAM COAL MONTHLY	95.30	98.65 95.30	-2.90 -2.95%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	58.78	59.77 57.61	1.02 1.77%
SUGAR #11 WORLD	14.89	14.99 14.78	-0.08 -0.53%