Midday Report: KSE-100 index crosses 47,000 mark

MG News | February 03, 2021 at 12:55 PM GMT+05:00

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February 3, 2021 (MLN): The upward momentum continues in the stock market as the benchmark KSE-100 index has crossed the 47,000 mark and is currently trading at 47,118 level, up by 538 points or 1.16 in percentage terms (PST:12:52).

This level has been seen after 3.5 years (03-Aug 2017).

The benchmark index is being led by Cement, Oil & Gas Exploration Companies, Commercial Banks, Textile Composite, Pharmaceuticals and Power Generation sectors, as they have contributed around 153, 95, 68,49, 56, and 39 points as of now.

The bullish trend in the cement sector is largely owing to 16% YoY growth in dispatches in January'21.

Company-wise, the scrips of MARI, LUCK, SEARL, CHCC, POL, and PIOC have gathered the maximum points so far.

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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%