Index down 400 points in intraday trade

By 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	133,317.54 90.39M	-0.04% -52.61
ALLSHR	83,087.36 321.11M	0.01% 6.21
KSE30	40,626.93 29.50M	-0.19% -78.38
KMI30	192,208.39 38.32M	-0.19% -372.29
KMIALLSHR	55,829.79 185.78M	-0.01% -5.93
BKTi	36,229.61 5.04M	-0.24% -87.56
OGTi	28,487.86 2.76M	-0.19% -55.09

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,425.00	108,880.00 107,680.00	-30.00 -0.03%
BRENT CRUDE	69.34	69.50 69.03	-0.24 -0.34%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.90 3.07%
ROTTERDAM COAL MONTHLY	106.00	106.75 106.00	0.25 0.24%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.66	67.97 67.40	-0.27 -0.40%
SUGAR #11 WORLD	16.25	16.46 16.07	-0.13 -0.79%