PSZ Market traded in the positive zone today

· Market traded in the positive zone for good part of the session in excitement of Senate Elections. Besides, energy chain remained recipient of fresh flows from investors on the back of release of funds from Government in conclusion of deal with IPPs. Other than Banks and E&P stocks, overall market saw price gains especially Cement, Steel, O&GMCs, Refineries and Power Sectors. Among scrips, ANL topped the volumes with 32M shares, followed by TRG (27.6M) and BYCO (27.4M).

· The Index closed at 46,160pts as against 45,964pts showing an increase of 197pts (+0.4% DoD). Sectors contributing to the performance include Cement (+55pts), Engineering (+26pts), O&GMCs (+24pts), Power (+20pts) and Autos (+17pts).

· Volumes increased from 399.1mn shares to 403.7mn shares (+0.7% DoD). Average traded value also increased by 2% to reach US$ 149.6mn as against US$ 146.2mn.

· Stocks that contributed significantly to the volumes include ANL, TRG, BYCO, PRL and ASL, which formed 32% of total volumes.

· Stocks that contributed positively to the index include MCB (+23pts), INIL (+21pts), DAWH (+16pts), MEBL (+16pts) and SNGP (+15pts). Stocks that contributed negatively include HBL (-35pts), UBL (-20pts), PPL (-7pts), POL (-6pts) and SCBPL (-6pts).

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