Opening bell: Stock Market runs losses amidst economic crisis

News Image

By MG News | October 12, 2018 at 01:01 PM GMT+05:00

0:00

October 12, 2018 (MLN): The Pakistan’s stock market is running losses following US’s contemplation to probe the government's bailout appeal to the IMF from all angles, including the country's debt position has led to a panic spree amongst investors.

The KSE 100 has lost over 846 points so far, and is currently trading at 37,552 points.

Losses in the scrips of Commercial Banks and Cement sectors seem to be weighing the most on the index so far, as they have taken over 280 points from the index so far, followed by losses in the scrips of Fertilizer and Oil and Gas Exploration Companies.

Among the index heavy weights, UBL (-4.75%), LUCK (-5%), HBL (-2.89%), ENGRO (-1.67%) and PPL (-1.27%) are driving the losses on the index so far.

With respect to volume, a total of 42 million shares have been traded in the market for the KSE 100 companies so far at a value worth Rs 2.2 billion, with merely 7 companies’ stock prices on the rise, 52 companies in the negative zone whereas stock prices of 1 remaining unchanged.

The KSE All Share index has similarly lost 467 points and is currently trading at 27,750 points

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,686.66
280.01M
0.26%
342.63
ALLSHR 81,305.25
897.01M
0.35%
281.26
KSE30 39,945.45
114.02M
0.09%
37.19
KMI30 190,698.05
148.61M
0.61%
1163.05
KMIALLSHR 55,074.15
495.43M
0.53%
290.50
BKTi 34,568.40
28.73M
-1.07%
-372.33
OGTi 28,739.35
22.59M
1.57%
443.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,950.00 110,525.00
109,920.00
-465.00
-0.42%
BRENT CRUDE 68.60 68.89
68.56
-0.20
-0.29%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 108.45 109.80
108.45
-0.55
-0.50%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.89 67.18
66.83
-0.11
-0.16%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 04, 2025 at 06:09 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 03, 2025 at 10:04 PM GMT+05:00

SBP reserves rise around to $13bn


July 03, 2025 at 05:39 PM GMT+05:00

Gold price in Pakistan rises Rs800 per tola


July 03, 2025 at 05:17 PM GMT+05:00

Microsoft exits Pakistan after 25 years


July 03, 2025 at 04:43 PM GMT+05:00

Privatisation Commission approves advisors for ZTBL



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg