· . The benchmark KSE-100 index remained sideways due to continuous Pak rupee devaluation against US dollar and political unrest. Volumes remained dry although the last trading hour witnessed value buying in the E&P sector.
· The Index closed at 40,459.70pts, up by 70.63pts (+0.17% DoD). Sectors contributing to the performance include E&P (+73.3pts), Banks (+29.0pts), OMC’s (+15.8pts), Power (+13.6pts) and Technology (11.8pts).
· Volumes decreased from 194.9mn shares to 141.7mn shares (-27.3% DoD). Average traded value also decreased by 22.2% to reach US$ 20.0mn as against US$ 25.7mn.
· Stocks that contributed significantly to the volumes are TPLP, WTL, CNERGY, UNITY and PRL.
Courtesy – AHL