Lord of flings: The Return of Profiteers

MG News | October 08, 2019 at 12:23 PM GMT+05:00

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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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Name	Price/Vol	%Chg/NChg
KSE100	165,596.07 264.75M	-0.54% -902.76
ALLSHR	100,017.71 623.24M	-0.46% -463.69
KSE30	49,464.92 86.97M	-0.60% -299.08
KMI30	238,952.40 97.00M	-0.58% -1388.16
KMIALLSHR	65,314.16 323.73M	-0.44% -285.47
BKTi	44,788.98 46.84M	-0.77% -347.65
OGTi	35,107.09 7.04M	-0.41% -145.22

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	79,165.00	81,895.00 78,675.00	-2455.00 -3.01%
BRENT CRUDE	109.47	109.75 106.26	3.75 3.55%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-2.95 -2.61%
ROTTERDAM COAL MONTHLY	109.00	109.00 108.75	1.25 1.16%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	101.16	101.57 97.23	4.24 4.37%
SUGAR #11 WORLD	14.78	15.07 14.67	-0.21 -1.40%