· Market witnessed a negative session ahead of MPC today. PSX continued to remain under pressure throughout the day due to concern regarding political noise. Investors opted to remain sideways waiting for the monetary policy announcement. Main board volumes remained dry whereas hefty volumes were observed in the 3rd-tier stocks.

· The Index closed at 43,826.66pts, down by 443.99pts (-1.03% DoD). Sectors contributing to the performance include Banks (-103.7pts), Cement (-50.6pts), Technology (-46.1pts), Misc. (-45.9pts) and E&P (-31.2pts).

· Volumes decreased from 306.2mn shares to 194.7mn shares (-36.4% DoD). Average traded value also decreased by 16.6% to reach US$ 24.6mn as against US$ 29.5mn.

· Stocks that contributed significantly to the volumes are PRL KEL WTL CNERGY and Unity Food.

Courtesy – AHL