· Market continued to remain volatile as Country reported alarming rise in Covid-19 cases. Market opened on a bleak note and stayed dull throughout the day even after passing of mini-budget by NA as investors remained risk-averse due to rising Covid-19 cases. In the last trading hour, profit taking was witnessed across the board. Activity continued to remain side-ways as market witnessed hefty volumes in the 3rd tier stocks.
· The Index remained flat and closed at 45,763.5pts as against 45,763.2pts. Sectors contributing to the performance include Banks (+43pts), E&Ps (+28pts), Fertilizer (+18pts), Automobile (+10pts) and Chemicals (+10pts).
· Volumes decreased from 327.6mn shares to 240.0mn shares (-26.7% DoD). Traded value also decreased by 5.9% to reach US$ 34.6mn as against US$ 36.8mn.
· Stocks that contributed significantly to the volumes include UNITYR3, WTL, CNERGY, DSL and UNITY.