Intraday Report: The Benchmark KSE-100 Index down by 623 pts

MG News | February 03, 2020 at 10:18 AM GMT+05:00

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February 3, 2020 (MLN): Stocks have lost 623 points in the intraday session today and is currently trading at 41,013-level [10:12 a.m.].

According to Senior Economist, Muzammil Aslam, apart from Coronavirus concerns, the KSE-100 index has experienced the news relating to CPI print 14.6%, shortfall in tax revenues and news related to mini budgets. Apparently, the market has witnessed new lows, especially the cyclical sectors led to pressure on the concern of delay in monetary easing.

Commercial Banks & Oil & Gas Exploration have witnessed higher selling activity as they have cumulatively lost 243 points.

Company-wise, the scrips of HUBC, PPL, OGDC, HBL and UBL have endured the maximum losses.

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Name	Price/Vol	%Chg/NChg
KSE100	156,177.12 289.65M	6.62% 9696.97
ALLSHR	93,623.09 484.05M	5.91% 5221.94
KSE30	48,043.06 141.71M	6.77% 3046.55
KMI30	225,069.58 124.56M	7.16% 15030.17
KMIALLSHR	60,866.01 284.12M	6.19% 3550.28
BKTi	45,102.26 59.40M	6.46% 2737.76
OGTi	33,122.47 17.00M	5.22% 1641.98

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	69,950.00	70,015.00 69,620.00	-245.00 -0.35%
BRENT CRUDE	91.40	95.04 81.16	-7.56 -7.64%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-17.60 -15.04%
ROTTERDAM COAL MONTHLY	121.00	129.25 118.95	-11.50 -8.68%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	85.67	88.59 85.56	2.22 2.66%
SUGAR #11 WORLD	14.32	14.57 14.17	-0.27 -1.85%