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	170,702.02 96.84M	-0.60% -1037.43
ALLSHR	103,663.58 206.24M	-0.57% -595.66
KSE30	50,903.74 35.43M	-0.61% -313.02
KMI30	240,229.80 34.18M	-0.48% -1160.87
KMIALLSHR	66,443.23 125.60M	-0.47% -315.11
BKTi	48,602.22 14.62M	-0.85% -414.87
OGTi	33,976.72 2.45M	0.20% 68.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,345.00	65,515.00 64,775.00	490.00 0.76%
BRENT CRUDE	100.10	101.19 99.60	-0.59 -0.59%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.85 -1.72%
ROTTERDAM COAL MONTHLY	120.35	121.10 120.25	-0.55 -0.45%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	91.40	92.83 91.16	-0.79 -0.86%
SUGAR #11 WORLD	14.68	14.90 14.65	-0.06 -0.41%