Market remains negative as index loses 686 points due to a lack of triggers

News Image

MG News | December 28, 2018 at 05:48 PM GMT+05:00

0:00

December 28, 2018 (MLN): Market continued to slide in today’s trading session as benchmark KSE-100 index lost 686 points (-1.81%), closing at 37,167 points. The index continued to be dominated by negative sentiments due to lack of triggers and weak macro indicators.

Oil & Gas Exploration Companies, Fertilizer Sector, Commercial Banks and Cement and sectors remained under pressure as they shed 474 points collectively, whereas the scrips of ENGRO (-3.95%), OGDC (-4.00%), UBL (-3.39%) and PPL (-2.16%) endured the maximum losses.

Throughout the day, the index moved between an intraday high of 37891 points and an intraday low of 36918 points, recording a range of 972 points. Around 133 million shares traded today for the scrips listed on the benchmark index with their total value recorded at Rs 7.26 billion.

The KSE All Share index exhibited a similar position and lost around 357 points by the day end and closed in at 28,001 points.

Over 174 million shares of the scrips listed within the broader KSE All Share Index were traded today, with their value recorded at Rs 8.25 billion. While the share price of 89 companies went up and 199 companies went down, the prices of 14 companies however remained unchanged.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 138,665.50
299.28M
1.68%
2285.53
ALLSHR 85,699.50
778.48M
1.24%
1051.15
KSE30 42,353.14
103.20M
1.94%
806.91
KMI30 195,182.04
107.99M
1.81%
3462.27
KMIALLSHR 56,389.15
437.73M
1.01%
561.42
BKTi 38,422.98
17.31M
1.57%
595.37
OGTi 27,718.26
13.25M
0.17%
47.58
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 120,475.00 121,095.00
120,475.00
1185.00
0.99%
BRENT CRUDE 69.65 69.67
68.27
1.13
1.65%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
0.95
0.99%
ROTTERDAM COAL MONTHLY 105.00 105.00
105.00
-0.15
-0.14%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.29 66.33
66.26
-0.09
-0.14%
SUGAR #11 WORLD 16.75 16.88
16.54
0.19
1.15%

Chart of the Day


Latest News
July 17, 2025 at 09:25 PM GMT+05:00

Auto financing in Pakistan rises to Rs277bn in June


July 17, 2025 at 09:08 PM GMT+05:00

SBP reserves rise to $14.53bn in a week


July 17, 2025 at 05:11 PM GMT+05:00

Gold price in Pakistan falls Rs900 per tola


July 17, 2025 at 04:53 PM GMT+05:00

PSX calls for market feedback on free-float reforms


July 17, 2025 at 04:30 PM GMT+05:00

KTML Board proposes share sub-division to Rs2 face value



Top 5 things to watch in this week

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