· Positive session was observed at PSX today due to stability in Pak rupee against dollar. Rally was witnessed in refinery sector due to expectation of tremendous earnings in the upcoming financial result. Main board activity remained dull whereas hefty buying was witnessed in the 3rd tier stocks. Across the board buying was observed in the last trading hour which led the market to close in the green zone.

· The Index closed at 46,484.43, up by 318.9pts (+0.69% DoD). Sectors contributing to the performance include Fertilizer (76.2pts), Cement (+58.8pts), Chemicals (+37.9 pts), Refinery (+23.3pts) and Inv. Banks (+18.0 pts)

· Volumes increased from 474.6mn shares to 494.9mn shares (+4.3% DoD). Average traded value decreased by 5.4% to reach US$ 64.3mn as against US$ 68.0mn.

· Stocks that contributed significantly to the volumes are CNERGY, WTL, FLYING, TELE and MLCF.

Courtesy – AHL