Pakistan equities was dominated by the bulls in today’s session resulting in a strong rebound. Index posted a sharp recovery of 1,111pts and closed at a level of 44,334pts (+2.57%). Major contribution came from LUCK, TRG, HBL, UBL and FFC which cumulatively added ~361 points to the benchmark index.
Total traded volume of the market clocked in at 389mn shares with a value of Rs13bn. WTL was today’s volume leader with ~66mn shares. Further, MEBL announced 3Q2021 results in which they posted consolidated EPS of Rs4.3 along with interim Cash dividend of Rs.1.5/share taking up total dividend to 4.5 /share