Lord of flings: The Return of Profiteers

October 8, 2019 (MLN): The KSE-100 index has lost 131 points in the intraday session, and is currently trading at 33,509 points.

The capital markets were on a winning streak for about seven consecutive sessions, wherein they gained 2,202 points i.e. up by 7%. However, with the return of profiteers and self-seeking traders, the stock market seems to be going downhill yet again.

The Cement Sector has suffered the maximum brunt so far, as it has snatched nearly 43 points from the index. Power Generation and Distribution Companies are following the lead as they have stripped the index off by 26 points.

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Posted on: 2019-10-08T12:23:00+05:00

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