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	136,502.54 259.91M	1.64% 2202.77
ALLSHR	85,079.90 838.35M	1.26% 1061.74
KSE30	41,552.62 97.27M	1.81% 738.33
KMI30	193,330.76 84.69M	0.39% 741.60
KMIALLSHR	56,315.31 366.02M	0.43% 243.06
BKTi	38,498.08 37.91M	4.13% 1526.33
OGTi	28,138.38 5.66M	-0.36% -101.89

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	120,040.00	123,615.00 118,675.00	1510.00 1.27%
BRENT CRUDE	69.28	71.53 69.08	-1.08 -1.54%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.25 0.26%
ROTTERDAM COAL MONTHLY	106.50	106.60 106.50	-2.20 -2.02%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.07	69.65 66.84	-1.38 -2.02%
SUGAR #11 WORLD	16.31	16.67 16.27	-0.26 -1.57%