Midday Report: The Benchmark Index gains 530 pts
MG News | November 11, 2019 at 11:34 AM GMT+05:00
November 11, 2019 (MLN): The KSE-100 index has gained 530 points in the intraday session, and is currently trading at 36,508-level [11:32 a.m.].
The positive sentiments prevail in the market as Pakistan and IMF reached a staff-level agreement on the first review under the Extended Fund Facility on Friday, according to which Islamabad will receive another instalment of US$450mn.
Moreover, the govt. announced to supply electricity athe flat rate of PKR11.97/unit for winter applicable from the current month till Feb’20 to encourage industrial production and commercial activities.
Commercial Banks, Cement and E&P Companies have emerged as the top performers, as they have gained 103, 58 and 36 points respectively so far.
Company-wise, the scrips of HUBC, UBL, LUCK, HBL, PSO and ENGRO have captured the maximum gains as of now.
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 162,803.16 353.00M | 0.72% 1171.42 |
| ALLSHR | 98,852.42 947.86M | 0.61% 597.68 |
| KSE30 | 49,497.35 204.97M | 0.24% 120.05 |
| KMI30 | 234,519.02 114.11M | 0.78% 1818.74 |
| KMIALLSHR | 64,510.15 338.03M | 0.52% 330.55 |
| BKTi | 45,699.73 99.84M | -1.37% -634.44 |
| OGTi | 31,506.29 9.79M | 0.46% 143.56 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 107,915.00 | 111,290.00 105,755.00 | -2405.00 -2.18% |
| BRENT CRUDE | 65.08 | 65.32 64.33 | 0.31 0.48% |
| RICHARDS BAY COAL MONTHLY | 86.00 | 0.00 0.00 | 0.00 0.00% |
| ROTTERDAM COAL MONTHLY | 96.80 | 98.00 95.70 | 0.10 0.10% |
| USD RBD PALM OLEIN | 1,082.50 | 1,082.50 1,082.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 61.27 | 61.50 60.51 | 0.29 0.48% |
| SUGAR #11 WORLD | 14.68 | 14.73 14.36 | 0.25 1.73% |
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