· Range bound session was witnessed today due to the MPC meeting. Main board activity remained gloomy on the first day of roll-over week. On the flip-side, activity continued to remain side-ways as market witnessed hefty volumes in the 3rd tier stocks. In the last trading hour, value buying was observed due to announcement of corporate results.

· The Index closed at 44,923.91pts as against 45,018.28pts showing a decrease of 94.37pts (-0.21% DoD). Sectors contributing to the performance include Technology (-71.9pts), Cement (-24.6pts), Commercial Banks (-17.5pts), Engineering (-9.1pts) and Inv. Banks (-6.8pts).

· Volumes decreased from 176.1mn shares to 160.2mn shares (-9.0% DoD). Traded value also decreased by 18.8% to reach US$ 32.5mn as against US$ 40.1mn.

· Stocks that contributed significantly to the volumes include CNERGY, TRG, HASCOL, WTL and HUMNL.

Courtesy – AHL