· Another volatile day observed at PSX today, KSE-100 index opened positive but was unable to digest green zone due to ongoing political unrest, rising T-bill auction yields and Pak rupee devaluation against US Dollar. Cement sector stayed under pressure throughout the day. Across the board profit selling was witnessed in the last trading hour which led the index to close in red zone.

· The Index closed at 43,786.83, down by 324.27pts (-0.74% DoD). Sectors contributing to the performance include Banks (-105.4pts), Cement (-54.6pts), Power (-32.6pts), E&P’s (-31.1 pts) and Engineering (-30.8pts).

· Volumes increased from 108.1mn shares to 141.0mn shares (+30.1% DoD). Average traded value also increased by 16.6% to reach US$ 26.5mn as against US$ 22.7mn.

· Stock that contributed significantly to the volumes are GGL, PAEL, KEL, TELE and GGGL.