KSE-100 index loses 818 points in early trade

By MG News | December 02, 2021 at 10:27 AM GMT+05:00
December 2, 2021 (MLN): The benchmark KSE-100 index has so far lost 818 points [10:22 am] in an early trade and is currently trading at 44,551 as the market was weighed by the increase in cut-off yields on three months treasury bills (T-Bills).
This increase in yields created panic in equity markets. To note, yields on 3M T-Bills in auction held on Wednesday jumped by 228 basis points as the government only accepted bids worth Rs504.3 billion in all three tenors against a target of Rs750bn.
The investors' sentiments was also knocked down by looming uncertainty on the macro front amid ballooning merchandise trade deficit that reached $20.746bn in July-November FY22 from $9.549bn in the corresponding period last year.
Cement, Commercial Banks and Technology & Communication have witnessed higher selling activity as they have lost around 210, 108, and 95 points respectively.
Company-wise, the scrips of LUCK, SYS , TRG, HUBC and HBL have endured the maximum losses.
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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% |
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