· Another mixed session was witnessed at the PSX today. The market started in the red but quickly turned green and traded in a constrained range the whole trading day as a result of uncertain economic conditions. Comparatively, mainboard volumes dropped while third-tier companies dominated the volume board.

· The index closed at 40,539.30 pts, down by 91.34 pts (-0.22% DoD). Sectors contributing to the performance include E&P’s (-49.4pts), Commercial Banks (-36.5pts), Power Generation & Distribution (-17.7pts), Engineering (-8.6pts), and OMCs (-70.pts).

· Volumes decreased from 201.1mn shares to 142.9mn shares (-28.9% DoD). The average traded value also decreased by 12.9% to USD 19.1mn as against USD 21.9mn.

· Stocks that contributed significantly to the volumes are DFML, SSGC, ASCR2, SNGP and WTL.

Courtesy- AHL