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	171,021.20 228.53M	-0.42% -718.25
ALLSHR	103,836.39 572.65M	-0.41% -422.85
KSE30	50,951.99 89.47M	-0.52% -264.77
KMI30	240,633.87 93.99M	-0.31% -756.80
KMIALLSHR	66,572.75 300.61M	-0.28% -185.59
BKTi	48,673.23 31.18M	-0.70% -343.86
OGTi	33,702.25 6.35M	-0.61% -205.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,370.00	64,405.00 63,875.00	155.00 0.24%
BRENT CRUDE	98.70	101.19 95.13	-1.99 -1.98%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	121.10	121.10 121.10	0.70 0.58%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	90.47	92.83 87.68	-1.72 -1.87%
SUGAR #11 WORLD	14.76	14.79 14.54	0.07 0.48%