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	171,207.73 73.54M	0.03% 54.56
ALLSHR	103,639.72 416.40M	0.16% 162.69
KSE30	50,926.95 24.56M	0.05% 24.96
KMI30	244,139.25 39.50M	0.15% 373.59
KMIALLSHR	67,177.52 256.83M	0.13% 90.48
BKTi	47,521.43 4.82M	-0.20% -93.29
OGTi	34,984.80 1.86M	0.38% 130.88

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	85,485.00	86,950.00 85,195.00	-1105.00 -1.28%
BRENT CRUDE	101.68	102.30 100.22	1.34 1.34%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.10 4.92%
ROTTERDAM COAL MONTHLY	138.50	0.00 0.00	1.20 0.87%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	93.00	93.84 91.75	0.63 0.68%
SUGAR #11 WORLD	18.18	18.43 18.14	-0.21 -1.14%