Opening Bell: KSE-100 plunges by a massive 1,053 points on political turmoil
MG News | April 04, 2022 at 10:25 AM GMT+05:00
April 4, 2022 (MLN): The benchmark KSE-100 index has lost 1,053 points or a 2.33% decline [10:23 PST] so far in morning trade and is currently trading at 44,099 due to ongoing political and constitutional turmoil in the country.
Cement, Commercial Banks, and Technology & Communication sectors have endured the maximum losses so far.
Scrip-wise, LUCK, TRG, HUBC, MEBL, UBL, SYS, and Engro witnessed the highest-selling activity.
In the latest development, the Prime Minister has dissolved assemblies and called an early election. The announcement came minutes after the National Assembly Deputy Speaker Qasim Khan Suri rejected a no-confidence motion against Prime Minister Imran Khan, terming it a contradiction of Article 5 of the Constitution.
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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 | 107,795.00 | 111,290.00 105,755.00 | -2525.00 -2.29% |
| BRENT CRUDE | 65.11 | 65.32 64.33 | 0.34 0.52% |
| 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 | 61.30 | 61.50 60.51 | 0.32 0.52% |
| SUGAR #11 WORLD | 14.68 | 14.73 14.36 | 0.25 1.73% |
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