PSX Early Movers: OGDC, HBL, ENGRO, LUCK, PPL, UBL

MG News | May 30, 2017 at 09:49 AM GMT+05:00

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MSCI led stocks started the opening session positively as investors rallied towards an early buy in for the upcoming inclusion due on 1^st of June.

The market had gained a total of 250 points in the first 15 minutes since its opening.

After recommendation from various invested groups such as NCCPL, PSX and international brokers, SECP has introduced some measures to ensure smooth a smooth transition of the MSCI inclusion.

SECP has introduced a post-close session via which trading orders can be placed at close prices. In another effort to cater high volume expected in the coming days, SECP has also changed the formula for valuation of closing prices. The closing price for all shares will be determined on the basis of last two hours of the trading session.

Furthermore, in order to facilitate the trade settlements, SECP has extended the PSX timing for the real time gross settlement for the first week of Ramzan.

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ALLSHR	97,525.91 833.18M	-1.65% -1634.99
KSE30	49,090.22 171.05M	-2.02% -1011.73
KMI30	234,097.76 141.71M	-1.92% -4583.61
KMIALLSHR	63,284.58 381.76M	-1.79% -1151.00
BKTi	45,458.10 90.77M	-1.53% -707.82
OGTi	33,162.89 14.24M	-2.82% -962.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,220.00	0.00 0.00	-555.00 -0.70%
BRENT CRUDE	109.20	112.45 106.23	-1.20 -1.09%
RICHARDS BAY COAL MONTHLY	113.00	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	109.25	0.00 0.00	-0.20 -0.18%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	102.50	0.00 0.00	0.56 0.55%
SUGAR #11 WORLD	14.97	15.01 14.42	0.36 2.46%