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	135,939.87 307.74M	-0.41% -562.67
ALLSHR	84,600.38 877.08M	-0.56% -479.52
KSE30	41,373.68 101.15M	-0.43% -178.94
KMI30	191,069.98 82.45M	-1.17% -2260.79
KMIALLSHR	55,738.07 422.01M	-1.03% -577.24
BKTi	38,489.75 45.79M	-0.02% -8.33
OGTi	27,788.15 6.87M	-1.24% -350.24

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,920.00	120,695.00 116,090.00	-3315.00 -2.76%
BRENT CRUDE	68.77	69.41 68.60	-0.44 -0.64%
RICHARDS BAY COAL MONTHLY	96.50	96.50 96.50	0.50 0.52%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.25	-2.05 -1.92%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.63	67.13 66.22	-0.35 -0.52%
SUGAR #11 WORLD	16.56	16.61 16.25	0.26 1.60%