· KSE-100 index opened in the green zone as rupee, during the day, snapped its losing streak against the dollar gaining Rs3.80 in the interbank market a day after the government secured the much-anticipated deal with the International Monetary Fund (IMF). However, this gaining of Rupee against dollar was short-lived as PKR closed at 211.93.

· Investor opted for profit-taking in the last trading hour which led the index to close in the red zone. Volumes remained healthy in the main board stocks.

· The Index closed at 42,458.14pts, down by 67.81pts (-0.16% DoD). Sectors contributing to the performance include Cement (-39.7pts), Technology (-28.2pts), E&P’s (-21.4pts), OMC’s (-18.7pts) and Pharma (-11.6pts).

· Volumes decreased from 300.6mn shares to 266.1mn shares (-11.5% DoD). Average traded value also decreased by 10.6% to reach US$ 40.0mn as against US$ 44.7mn.

· Stocks that contributed significantly to the volumes are PRL, TPLP, CNERGY, GGL and UNITY.

Courtesy – AHL