Index down 400 points in intraday trade

MG News | January 11, 2018 at 12:03 PM GMT+05:00

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After receiving record trade volume yesterday, index has been losing points at an alarming since the morning open. The KSE – 100 Index has lost 409.53 points during intraday trade, with volumes lingering at 74.068 million.

Top losers in index include Fertilizer, Commercial Banks, Oil & Gas Exploration Companies, and Power Gen and Distribution taking away a total of more than 250 points.

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As per NCCPL Data for buying and selling for Thursday, Banks/DFIs, Insurance Companies and Foreign Corporates offloaded their positions in the market by a cumulative sum of 12.57 million. Meanwhile, Brokers/Proprietary Traders increased their positions by 8.284 million yesterday.

Ever since the bullish rally since the last week of December, Analysts have been warning of a retreat in share prices as investors flock to book their profits, making up for the losses in the last six months.

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Name	Price/Vol	%Chg/NChg
KSE100	155,858.48 232.66M	-0.20% -318.64
ALLSHR	93,385.83 437.37M	-0.25% -237.26
KSE30	47,851.52 125.11M	-0.40% -191.53
KMI30	223,719.09 107.59M	-0.60% -1350.50
KMIALLSHR	60,541.53 227.24M	-0.53% -324.48
BKTi	45,022.52 54.66M	-0.18% -79.74
OGTi	32,464.35 8.69M	-1.99% -658.12

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	69,515.00	71,145.00 69,345.00	-1310.00 -1.85%
BRENT CRUDE	100.07	101.59 96.00	8.09 8.80%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.20 -9.31%
ROTTERDAM COAL MONTHLY	121.50	121.50 120.50	-0.35 -0.29%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	94.40	95.97 88.61	7.15 8.19%
SUGAR #11 WORLD	14.22	14.53 14.18	-0.16 -1.11%