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	157,529.25 110.92M	0.87% 1351.43
ALLSHR	96,381.54 339.50M	0.79% 751.16
KSE30	48,085.97 96.86M	0.85% 407.50
KMI30	232,041.24 46.24M	1.03% 2359.02
KMIALLSHR	64,879.78 127.19M	0.80% 513.02
BKTi	42,410.66 63.73M	1.16% 487.86
OGTi	31,793.96 6.18M	0.18% 58.16

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,745.00	118,295.00 116,115.00	1920.00 1.66%
BRENT CRUDE	67.77	68.01 67.50	-0.18 -0.26%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.48	63.82 63.24	-0.57 -0.89%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%