KSE-100 succumbs to pressure while PKR regains lost ground in early trade

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By MG News | April 10, 2020 at 11:02 AM GMT+05:00

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April 10, 2020 (MLN): The KSE-100 index has lost 351 points in the intraday session and is currently trading at 31,487 points. Earlier, the benchmark index was trading 450 points lower.

The market seems to be led down by the decision of OPEC+ countries, in which all except Mexico decided to cut output in May and June by 10 million barrels per day.

As of now, E&P Companies and Commercial Banks are facing the maximum brunt.

On the other hand, the Pakistani Rupee regained lost ground and appreciated in early trade ground as it strengthened by another 88 paisa early in the session with trades reported at 166.40

It is pertinent to mention that PKR has been under immense pressure since early March, mainly due to the decline in State Bank’s reserves by over $2.06 billion.

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Name Price/Vol %Chg/NChg
KSE100 128,199.43
336.91M
2.05%
2572.11
ALLSHR 79,787.62
1,023.63M
1.53%
1202.91
KSE30 39,105.00
121.90M
2.49%
951.21
KMI30 186,915.61
131.16M
1.10%
2029.11
KMIALLSHR 54,201.88
553.60M
0.81%
438.07
BKTi 33,476.68
51.49M
4.87%
1555.00
OGTi 27,962.58
9.77M
0.68%
188.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,835.00 106,200.00
105,625.00
85.00
0.08%
BRENT CRUDE 67.28 67.50
66.34
0.54
0.81%
RICHARDS BAY COAL MONTHLY 97.50 97.50
97.50
0.70
0.72%
ROTTERDAM COAL MONTHLY 103.80 103.80
103.80
-3.45
-3.22%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.43 65.65
65.41
-0.02
-0.03%
SUGAR #11 WORLD 15.70 16.21
15.55
-0.50
-3.09%

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