· Market added a solid 544pts during the session, and ended at that level (unadjusted). Buying activity was observed across the board with E&P and O&GMCs rebounding strongly and supported by Cement and Fertilizer sectors, which showed good progress yesterday as well. International crude oil prices jumped significantly on the conclusion of agreement among OPEC+ countries that became the reason for performance of E&P stocks. Cement sector leaped on the expectation of an increase in cement price / bag in North region. Banking sector also contributed on the anticipation of annual results. Among scrips, BYCO led the table with 97.5M shares, followed by PRL (87.2M) and KAPCO (31M).

· The Index closed at 45,153pts as against 44,650pts showing an increase of 503pts (+1.1% DoD). Sectors contributing to the performance include Banks (+118pts), E&P (+101pts), Cement (+62pts), Inv Banks (+59pts) and O&GMCs (+30pts).

· Volumes increased from 582.3mn shares to 664.5mn shares (+14% DoD). Average traded value increased by 2% to reach US$ 154mn as against US$ 151.2mn.

· Stocks that contributed significantly to the volumes include BYCO, PRL, KAPCO, HASCOL and HUMNL, which formed 41% of total volumes.

· Stocks that contributed positively to the index include MEBL (+63pts), DAWH (+54pts), POL (+48pts), LUCK (+37pts) and PAKT (+29pts). Stocks that contributed negatively include HUBC (-23pts), HGFA (-4pts), SCBPL (-3pts), AICL (-3pts) and SRVI (-2pts).