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	158,313.45 348.26M	2.82% 4347.08
ALLSHR	94,665.78 608.29M	2.55% 2350.15
KSE30	48,079.56 150.27M	2.96% 1383.03
KMI30	229,679.86 136.21M	3.32% 7386.98
KMIALLSHR	61,793.47 317.51M	2.97% 1784.00
BKTi	43,251.31 41.61M	3.03% 1273.29
OGTi	33,013.13 14.41M	2.67% 858.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,825.00	71,595.00 70,640.00	-35.00 -0.05%
BRENT CRUDE	103.83	103.83 102.75	1.61 1.58%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.10 -9.22%
ROTTERDAM COAL MONTHLY	118.45	118.45 118.45	0.30 0.25%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	91.89	91.89 90.71	1.57 1.74%
SUGAR #11 WORLD	15.53	15.83 15.32	-0.35 -2.20%