Intraday Report: The KSE-100 Index tumbles by 1033 pts over coronavirus

By MG News | February 27, 2020 at 10:00 AM GMT+05:00

0:00

February 27, 2020 (MLN): Stocks have lost 1033 points in the intraday session today and is currently trading at 37,299-level [9:48 a.m.] as two cases of coronavirus have been reported yesterday which have risen fear among investors over the outbreak.

Moreover, the upsurge of coronavirus continued triggering a fall in global stocks.

Commercial Banks & Oil & Gas Exploration have witnessed higher selling activity as they have cumulatively lost 449 points

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

It may be noted here that the KSE-100 has shed around 3,644 points or 9% during the last 6 trading sessions. This behavior was last observed in August 2019, wherein the market dropped by 9.2% or 2,902 points.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%