· Another sluggish day for the Pakistan Stock Exchange, market opened positive but could not sustain the green zone and the KSE 100 index closed negative 313 points during the trading day. Main reasons behind the dull market are political noise, start of future roll over and FATF meeting. Market witnessed many important financial result announcements today that includes NCL, NML, FCCL, HTL and MEBL which were in line with market expectations.

· The Index closed at 45,362.85pts as against 45,675.87pts showing a decrease of 313.02pts (-0.69% DoD). Sectors contributing to the performance include Banks (-64.7pts), Cement (-45.3pts), E&P (-36.7pts), Technology (-31.1pts) and Power (-25.3pts).

· Volumes decreased from 194.1mn shares to 137.7mn shares (-29.1% DoD). Traded value also decreased by 16.3% to reach US$ 20.6mn as against US$ 24.6mn.

· Stocks that contributed significantly to the volumes include WTL, HUMNL, KEL, SNGP and BOP

Courtesy- AHL