Pakistan stocks market witnessed hefty volumes in the 3rd tier scripts today

· Another positive session witnessed today due to political stability and appreciation of Pak Rupee against US Dollar. Across the board rally was witnessed regardless of foreign selling spree, Main board activity remained healthy, Moreover, market even witnessed hefty volumes in the 3rd tier stocks.

· The Index closed at 46,407.26, up by 262.3pts (+0.57% DoD). Sectors contributing to the performance include Technology (+96.7pts), Cement (+55.7pts), Banks (+52.2 pts), Engineering (+24.9pts) and Refinery (+20.0 pts)

· Volumes decreased from 557.7mn shares to 493.6mn shares (-11.5% DoD). Average traded value increased by 3.7% to reach US$ 76.1mn as against US$ 73.4mn.

· Stocks that contributed significantly to the volumes are WTL, TELE, FLYING, CNERGY and UNITY.

Courtesy – AHL

Posted in PSX.

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