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	188,587.66 449.79M	-0.31% -579.17
ALLSHR	112,503.19 867.07M	-0.27% -306.46
KSE30	58,026.90 155.32M	-0.31% -180.82
KMI30	268,418.81 155.28M	-0.40% -1078.22
KMIALLSHR	72,509.98 549.07M	-0.44% -318.36
BKTi	53,346.13 36.94M	-0.33% -174.24
OGTi	38,638.48 11.10M	-0.64% -248.26

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	88,335.00	88,635.00 87,900.00	750.00 0.86%
BRENT CRUDE	65.69	66.54 65.29	-0.19 -0.29%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-2.50 -2.80%
ROTTERDAM COAL MONTHLY	99.00	99.10 99.00	0.05 0.05%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	60.81	60.87 60.75	0.18 0.30%
SUGAR #11 WORLD	14.77	14.87 14.67	0.04 0.27%