Opening Bell: Trading floors in peril

MG News | July 08, 2019 at 11:55 AM GMT+05:00

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July 8, 2019 (MLN): KSE 100 index has lost 243 points during the early hours of the session, and is trading at 33,950 points as of now, as selling pressure continues to dominate the fate of trading floors.

Fertilizer sector, E&P companies and Commercial Banks seem to be the major driving forces behind this deterioration, as they have collectively taken away around 112 points from the index.

Up till now, the index has touched an intraday low of 33,907 points.

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Name	Price/Vol	%Chg/NChg
KSE100	136,502.54 259.91M	1.64% 2202.77
ALLSHR	85,079.90 838.35M	1.26% 1061.74
KSE30	41,552.62 97.27M	1.81% 738.33
KMI30	193,330.76 84.69M	0.39% 741.60
KMIALLSHR	56,315.31 366.02M	0.43% 243.06
BKTi	38,498.08 37.91M	4.13% 1526.33
OGTi	28,138.38 5.66M	-0.36% -101.89

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	120,395.00	123,615.00 118,675.00	1865.00 1.57%
BRENT CRUDE	69.16	71.53 69.08	-1.20 -1.71%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.25 0.26%
ROTTERDAM COAL MONTHLY	106.50	106.60 106.50	-2.20 -2.02%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.91	69.65 66.84	-1.54 -2.25%
SUGAR #11 WORLD	16.31	16.67 16.27	-0.26 -1.57%