Midday Report: KSE-100 recovers by around 700 points

By 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	133,403.19 324.46M	0.02% 33.04
ALLSHR	83,188.05 1,204.34M	0.13% 106.90
KSE30	40,651.46 104.88M	-0.13% -53.85
KMI30	192,083.92 123.92M	-0.26% -496.76
KMIALLSHR	55,847.70 679.22M	0.02% 11.98
BKTi	36,422.88 17.65M	0.29% 105.71
OGTi	28,437.61 10.77M	-0.37% -105.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,320.00	109,460.00 107,680.00	865.00 0.80%
BRENT CRUDE	69.61	69.65 69.03	0.03 0.04%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.05 2.15%
ROTTERDAM COAL MONTHLY	106.25	106.25 106.25	0.10 0.09%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.82	67.97 67.33	-0.11 -0.16%
SUGAR #11 WORLD	16.23	16.37 16.16	-0.05 -0.31%