· Another negative session was recorded at the PSX today. The benchmark KSE-100 index opened in the red, continuing the momentum from the previous close after the arrest of the former prime minister. Following the country’s political and economic instability, stocks fell even lower. Investor activity has declined significantly, with third-tier companies leading the volume board.

· The index closed at 41,074.95 down by 298.96pts (-0.72% DoD). Sectors contributing to the performance include Commercial Banks (-76.4pts), E&P’s (-63.6pts), Technology & Communication (-35.7pts), Miscellaneous (-32.3pts), and Fertilizer (-29.0pts).

· Volumes decreased from 203.1mn shares to 99.2mn shares (-51.2% DoD). The average traded value also decreased by -44.6% to USD 11.4mn as against USD 20.5mn.

· Stocks that contributed significantly to the volumes are WTL, TPLP, BAFL, KEL and MLCF.

Courtesy – AHL