· Market assertively crossed 47k level today and put a total of 543pts on the board, closing the session +362pts (unadjusted). Healthy contribution was witnessed from Cement sector, and was further aided by flows in Fertilizer, Banks and Power sectors. IPPs signing agreement with the Government kept investors’ interest alive even the second day, which saw HUBC inch up from yesterday’s levels. Cement sector performed on anticipation of an increase in cement price / bag as well as growth in dispatches. International crude prices went further up that helped E&P stocks to surge. Among scrips, KEL topped the volumes with 59M shares, followed by PRL (39.9M) and HASCOL (32.7M).

· The Index closed at 46,933pts as against 46,580pts showing an increase of 353pts (+0.8% DoD). Sectors contributing to the performance include Cement (+160pts), E&P (+102pts), Pharma (+36pts), Textile (+35pts) and Banks (+32pts).

· Volumes increased from 468.1mn shares to 616.3mn shares (+32% DoD). Average traded value also increased by 27% to reach US$ 184.2mn as against US$ 145.2mn.

· Stocks that contributed significantly to the volumes include KEL, PRL, HASCOL, ASC and FCSC, which formed 28% of total volumes.

· Stocks that contributed positively to the index include MARI (+60pts), LUCK (+49pts), CHCC (+30pts), POL (+27pts) and SEARL (+26pts). Stocks that contributed negatively include TRG (-41pts), PAKT (-11pts), INIL (-8pts), GHGL (-8pts) and HASCOL (-6pts).