Midday Report: KSE-100 recovers by around 700 points

MG News | December 26, 2022 at 12:29 PM GMT+05:00

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December 26, 2022 (MLN): After marking an intraday high of 40,367.43, the benchmark KSE-100 Index has made a notable recovery by around 700 points on Monday during intraday trade.

Currently, the KSE-100 index is being traded at 486.29 (1.23% DoD) as of 12:25pm.

This recovery is primarily attributed to a strong buying activity due to attractive valuations being offered on various stocks.

The market is continuously recovering after observing a decline of 3.95% last week owing to economic and political uncertainty which hit the investors’ confidence.

At this point, oil & gas exploration, commercial banks, and miscellaneous have made the maximum gains.

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Name	Price/Vol	%Chg/NChg
KSE100	162,896.68 169.98M	0.67% 1091.66
ALLSHR	98,449.69 389.81M	0.63% 617.70
KSE30	48,687.46 89.94M	0.72% 346.80
KMI30	233,849.31 94.62M	0.50% 1168.71
KMIALLSHR	64,048.09 199.49M	0.59% 373.04
BKTi	44,347.06 28.49M	1.07% 471.40
OGTi	34,422.95 8.77M	1.31% 443.56

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,040.00	77,425.00 76,120.00	145.00 0.19%
BRENT CRUDE	111.15	111.79 109.01	-0.95 -0.85%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-7.75 -6.58%
ROTTERDAM COAL MONTHLY	111.50	111.50 111.50	0.90 0.81%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	104.19	104.86 102.12	-0.19 -0.18%
SUGAR #11 WORLD	15.04	15.13 14.69	0.31 2.10%