·        The week began with a range-bound session at the PSX. The benchmark KSE-100 index opened in the green but failed to maintain momentum due to political and economic uncertainty, as investors chose to stay on the sidelines. Volumes on the mainboard remained low, though decent volumes in third-tier stocks were recorded.     

·        The index closed at 41,540.55 pts, down by 157.73 pts (-0.38% DoD). Sectors contributing to the performance include Chemical (-33.2pts), Commercial Banks (-32.6pts), Automobile Parts & Accessories (-16.9pts), OMCs (-15.8pts), Food & Personal Care Products (-15.3pts).

·        Volumes decreased from 191.4mn shares to 133.6mn shares (-30.2% DoD). The average traded value also decreased by 9.7% to USD 14.4mn as against USD 16.0mn.

·        Stocks that contributed significantly to the volumes are DFML, WTL, DFSM, GCIL, and MDTL.

Courtesy – AHL