· Market posted decent gains earlier in the session by adding a total of 400pts, taking cue from Moody’s assessment of Pakistan’s credit reporting which was supported by a surprise growth in real GDP. Although the roll-over week began today, unlike past months activity remained low in tech stocks and in the end TRG closed below LDCP. E&P stocks remained poised on increase in crude oil prices, whereby OGDC scored high volume with an increase in stock price but failed to retain the gains by the end of session. Cement sector bounced back on the prospects of an impending increase in cement price / bag. Among scrips, WTL topped the volumes with 275.8M shares, followed by SILK (36.6M) and SMBL (36.5M).

· The Index closed at 46,097pts as against 45,915pts showing an increase of 182pts (+0.4% DoD). Sectors contributing to the performance include Cement (+87pts), Banks (+42pts), Autos (+35pts), Fertilizer (+26pts) and Chemical (+22pts).

· Volumes increased from 710.4m shares to 766.6mn shares (+8% DoD). Average traded value increased by a nominal 1% to reach US$ 129.7mn as against US$ 127.8mn.

· Stocks that contributed significantly to the volumes include WTL, SILK, SMBL, HASCOL and FFL, which formed 51% of total volumes.

· Stocks that contributed positively to the index include SYS (+24pts), MTL (+23pts), PPL (+21pts), MLCF (+21pts) and COLG (+20pts). Stocks that contributed negatively include TRG (-43pts), HUBC (-12pts), PSO (-12pts), MARI (-8pts) and SEARL (-7pts).