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

News Image

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

0:00

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.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 118,522.17
70.79M
-1.25%
-1501.07
ALLSHR 73,973.78
206.34M
-1.31%
-983.17
KSE30 36,118.17
28.49M
-1.14%
-415.06
KMI30 174,583.42
34.66M
-1.73%
-3064.65
KMIALLSHR 50,573.76
120.65M
-1.63%
-839.20
BKTi 30,133.94
10.76M
-0.09%
-27.90
OGTi 26,545.26
3.77M
-1.72%
-463.24
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 102,015.00 102,190.00
99,090.00
-1405.00
-1.36%
BRENT CRUDE 78.20 81.40
77.70
1.19
1.55%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-3.70
-4.03%
ROTTERDAM COAL MONTHLY 103.85 0.00
0.00
0.10
0.10%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 75.00 78.40
74.51
1.16
1.57%
SUGAR #11 WORLD 16.53 16.73
16.44
0.22
1.35%

Chart of the Day


Latest News
June 23, 2025 at 11:50 AM GMT+05:00

VIS reaffirms entity rating of Master Textile Mills Ltd


June 23, 2025 at 10:54 AM GMT+05:00

TRG Pakistan plans Supreme Court appeal over SHC ruling


June 23, 2025 at 10:53 AM GMT+05:00

Pakistan voices alarm over rising Middle East tensions


June 23, 2025 at 10:39 AM GMT+05:00

Iran stands firm on nuclear program after attacks



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg