• Bears took charge at PSX today as the bloodbath continued. Despite opening in the green zone, the benchmark KSE-100 index dropped down to an intraday low of 40,216 levels (1150.73 points negative). Selling momentum continued across the board due to political unrest and rupee devaluation against US Dollar, marking a historic high in the interbank and open market. 
• The Index closed at 40,389.07pts, down by 978.04pts (-2.36% DoD). Sectors contributing to the performance include Banks (-235.3pts), E&P (-139.5pts), Fertilizer (-130.6pts), Cement (-99.6pts) and Power (-57.1pts).
• Volumes increased from 151.4mn shares to 194.9mn shares (+28.8% DoD). Average traded value also increased by 32.7% to reach US$ 26.1mn as against US$ 19.6mn.
• Stocks that contributed significantly the volumes are KEL, WTL, CNERGY, CLVLR and UNITY.

Courtesy – AHL