PSX index receives 81pts today

· Market traded in a narrow range between -135pts and +254pts, closing the session +81pts. Refineries, Cement, Fertilizer, O&GMCs and Technology sector inched up, which helped index trade in the positive territory. Concerns of redemption with some mutual funds maintained selling pressure. Among scrips, HUMNL led the volumes with 88.1M shares, followed by WTL (76.4M) and BYCO (70.7M).

· The Index closed at 48,239pts as against 48,158pts showing an increase of 81pts (+0.2% DoD). Sectors contributing to the performance include Banks (77pts), Vanaspati (-12pts), Cement (+58pts), Refinery (+39pst), Technology (+19pts).

· Volumes declined from 1117.4mn shares to 750.6mn shares (-33% DoD). On the contrary, Average traded value increased by 5% to reach US$ 131.8mn as against US$ 124.9mn.

· Stocks that contributed significantly to the volumes include HUMNL, WTL, BYCO, UNITY and SILK, which formed 44% of total volumes.

· Stocks that contributed positively to the index include LUCK (+31pts), NRL (+20pts), POL (+20pts), TRG (+19pts) and FFC (+14pts). Stocks that contributed negatively include HBL (-63pts), MTL (-15pts), OGDC (-14pts), MCB (-13pts) and UNITY (-12pts).

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