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Midday Report: KSE-100 loses 657 points

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October 21, 2019: The KSE-100 index has lost a whopping 657 points in the intraday session, and is currently trading at 33,212-level.

The decision of FATF to maintain status quo has created a sense of adversity and uncertainty amongst investors. Moreover, political instability in the country has taken further toll on the capital markets.

So far, Commercial Banks, E&P Companies, and Cement Sector have snatched around 371 points from the index. Company wise, the scrips of HBL, PPL, HUBC, OGDC and ENGRO have endured the maximum losses.

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Posted on: 2019-10-21T12:16:00+05:00

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