· Market went down earlier in the session by 165pts that saw across the board mild selling pressure. Short roll-over week and an outstanding amount of Rs. 38.8B at the start of the week caused some jitters. However, a reversal in energy chain stocks (E&P, Refinery, O&GMCs, Power) saw a rebound in the Index with a total increase of 564pts and closing the session +465pts (unadjusted). Anticipation of resolution of gas related circular debt helped energy chain to recover primarily.

Among major contributors, OGDC, PPL and HASCOL hit upper circuit during the session, whereas PSO, HUBC also contributed to the positivity. Similarly, Refinery sector stocks also performed well today. Among scrips, BYCO topped the volumes with 68.6M shares, followed by PRL (40.8M) and HASCOL (38.5M).

· The Index closed at 45,407pts as against 44,901ts showing an increase of 506pts (+1.1% DoD). Sectors contributing to the performance include E&P (+236pts), O&GMCs (+88pts), Tech (+78pts), Power (+44pts) and Fertilizer (+43pts).

· Volumes declined from 484.6mn shares to 440.9mn shares (-9% DoD). Average traded value however increased by 1% to reach US$ 141.7mn as against US$ 140mn.

· Stocks that contributed significantly to the volumes include BYCO, PRL, HASCOL, TRG and ASL, which formed 45% of total volumes.

· Stocks that contributed positively to the index include OGDC (+111pts), PPL (+101pts), TRG (+44pts), PSO (+44pts) and HUBC (+41pts). Stocks that contributed negatively include AICL (-12pts), MCB (-11pts), BAFL (-10pts), PIOC (-10pts) and NBP (-10pts).