· Market remained range bound today, oscillating between -38pts and +114pts, closing the session -3pts (unadjusted). Large cap blue chip stocks (including ENGRO, POL, LUCK, SYS) kept the index balanced, which was otherwise under selling pressure in E&P, O&GMCs, Cement, Steel and Technology sectors. Worsening situation at Afghanistan border and imposition of COVID lockdown in Sindh made the investors rethink portfolio positions, in addition to facing CGT liability to be settled by July 16th. Among scrips, WTL realized trading volumes of 44.5M shares, followed by GGGL (44M) and TPL (40.7M).

· The Index closed at 47,491pts as against 47,480pts showing an increase of 11pts. Sectors contributing to the performance include Textile (+34pts), Autos (+26pts), Inv Banks (+19pts), Transport (+12pts), Technology (-25pts), Banks (-24pts) and Fertilizer (-20pts).

· Volumes increased from 496.8mn shares to 508.3mn shares (+2% DoD). Average traded value declined by 1% to reach US$ 101mn as against US$ 102mn.

· Stocks that contributed significantly to the volumes include WTL, GGGL, TPL, KEL and TPLP, which formed 33% of total volumes.

· Stocks that contributed positively to the index include PSX (+19pts), LUCK (+12pts), PIBTL (+12pts), INDU (+12pts) and NML (+11pts). Stocks that contributed negatively include TRG (-33pts), MCB (-28pts), EFERT (-17pts), MARI (-10pts) and FFC (-8pts).