· Last date of the financial year-end saw brisk trading that indicated balancing of portfolio positions by institutional investors and resulted in the index posting gains of 323pts (unadjusted) and closing the session at that level. Banking sector saw aggressive buying in MCB and NBP in the closing half hour, whereas Refineries saw life coming back to otherwise slow moving PRL and ATRL. Technology sector remained muted and E&P sector inched up after yesterday’s onslaught. Among scrips, SILK topped the volumes with 44.1M shares, followed by WTL (43M) and TPL (31.7M).

· The Index closed at 47,356pts as against 47,138pts showing an increase of 218pts (+0.5% DoD). Sectors contributing to the performance include Banks (+77pts), E&P (+57pts), Pharma (+28pts), Fertilizer (-36pts) and Technology (-22pts).

· Volumes declined from 580.7mn shares to 549.5mn shares (-5% DoD). Average traded value also declined by 8% to reach US$ 101mn as against US$ 108.9mn.

· Stocks that contributed significantly to the volumes include SILK, WTL, TPL, FFL and PACE, which formed 32% of total volumes.

· Stocks that contributed positively to the index include MCB (+65pts), PPL (+23pts), MARI (+21pts), NBP (+19pts) and BAFL (+17pts). Stocks that contributed negatively include HBL (-49pts), ENGRO (-27pts), TRG (-19pts), CHCC (-12pts) and INDU (-7pts).

(AHL).