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HomeEquityMidday Report: KSE-100 loses 657 points

Midday Report: KSE-100 loses 657 points

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.

Copyright Mettis Link News

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

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