· Market performed well on the first day of FY22, adding a total of 487pts on the board and maintained the momentum by session’s end, closing +440pts (unadjusted). Profit booking by institutions in the past couple of sessions in the wake of closing FY21 with decent returns, left the institutions with deployable funds that will likely route back to equities in the coming days. Buying activity was observed across the board with Technology, Cement and Banking stocks contributing the most. Positive news trigger on economic front, including textile sector posting healthy export growth kept the momentum alive. Among scrips, WTL topped the volumes with 198.7M shares, followed by SILK (51.4M) and TPL (48.2M).

· The Index closed at 47,801pts as against 47,356pts showing an increase of 445pts (+0.9% DoD). Sectors contributing to the performance include Cement (+102pts), E&P (+67pts), Textile (+41pts), Chemical (+34pts) and Fertilizer (+29pts).

· Volumes increased from 549.6mn shares to 760.01mn shares (+38% DoD). Average traded value also increased by 2% to reach US$ 103mn as against US$ 101mn.

· Stocks that contributed significantly to the volumes include WTL, SILK, TPL, HUMNL and PACE, which formed 48% of total volumes.

· Stocks that contributed positively to the index include LUCK (+65pts), PPL (+30pts), COLG (+22pts), NML (+21pts) and HBL (+19pts). Stocks that contributed negatively include MCB (-12pts), BAFL (-11pts), TRG (-7pts), ABL (-6pts) and PKGS (-5pts).