· Market declined further by 566pts during the session, again in anticipation of lock down at national level that caused investors to adopt cautious approach and avoid taking new positions. KAPCO announced financial results today, which had little impact on stock price due to non-declaration of dividend against market expectation. O&GMCs, E&P, Cement and Steel sector stocks saw selling pressure induced by institutional investors. Among scrips, GGL topped the volumes with 38.7M shares, followed by WTL (24.1M) and TRG (23.6M).

· The Index closed at 44,707pts as against 44,930pts showing a decline of 223pts (-0.5% DoD). Sectors contributing to the performance include E&P (-54pts), Chemical (-40pts), Fertilizer (-38pts), Power (-32pts) and Textile (-28pts).

· Volumes declined from 328.9mn shares to 240.5mn shares (-27% DoD). Average traded value also declined by 26% to reach US$ 76.6mn as against US$ 103.5mn.

· Stocks that contributed significantly to the volumes include GGL, WTL, TRG, UNITY and BYCO, which formed 43% of total volumes.

· Stocks that contributed positively to the index include TRG (+49pts), HMB (+30pts), AICL (+15pts), NBP (+12pts) and PSX (+5pts). Stocks that contributed negatively include OGDC (-31pts), COLG (-31pts), HUBC (-27pts), ENGRO (-16pts) and HBL (-12pts).