· Market saw continuation of selling pressure in conventional top tier stocks and in addition bore pressure in roll-over heavy scrips (TRG & NETSOL) as well. Similarly, NRL also saw significant selling that brought the stock to lower circuit a number of times, followed by recovery. During the session, the index posted initial gains of 159pts, after which it went down by 523pts, eroding all the gains made earlier. Closing half hour saw index at -329pts (unadjusted). Banking sector saw an uptick in HBL, MCB and BOP. Cement sector stocks had LUCK posting nominal price gains. Among scrips, BYCO realized trading volume of 84.3M shares, followed by TRG (47.3M) and WTL (27.2M).

· The Index closed at 45,363pts against 45,729pts yesterday, showing a decline of 366pts (-0.8% DoD). Sectors contributing to the performance include E&P (-48pts), Fertilizer (-46pts), Textile (-41pts), Power (-38pts) and O&GMCs (-35pts).

· Volumes declined from 718.2mn shares to 557.5mn shares (-22% DoD). Average traded value increased slightly by 3% to reach US$ 165mn as against US$ 159.2mn.

· Stocks that contributed significantly to the volumes include BYCO, TRG. WTL, HUMNL and MDTL, which formed 36% of total volumes.

· Stocks that contributed positively to the index include HBL (+30pts), MEBL (+27pts), LUCK (+24pts), MCB (+14pts) and MARI (+11pts). Stocks that contributed negatively include OGDC (-32pts), ENGRO (-26pts), PSO (-24pts), NBP (-23pts) and HUBC (-22pts).