· A negative session was witnessed at the PSX to mark the start of the week. The benchmark KSE-100 index opened in the negative due to the country’s political uncertainties and the prolonged resumption of the IMF Program, which kept investors at bay. Volumes remained sluggish across the board, with third-tier equities leading the pack..

· The index closed at 41,195.06 down by 404.12pts (-0.97% DoD). Sectors contributing to the performance include Commercial Banks (-105.4pts), E&P’s (-59.9pts), Technology & Communication (-44.7pts), Fertilizer (-26.5pts), and Power Generation & Distribution (-25.1pts).

· Volumes decreased from 120.4mn shares to 97.8mn shares (-18.8% DoD). The average traded value increased by 79.2% to USD 10.0mn as against USD 5.60mn.

· Stocks that contributed significantly to the volumes are WTL, KEL, AIRLINK, BIPL, OGDC.

Courtesy- AHL