PSX market remained range bound throughout the day

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· Market remained range bound throughout the day as investors opted for profit taking. The benchmark KSE-100 index opened in the green zone but profit taking was witnessed by the market participants that pulled the index down to 286 points. Refinery and cement sector remained in the limelight.

· The Index closed at 43,481.50pts, down by 195.06pts (-0.45% DoD). Sectors contributing to the performance include Technology (-59.2pts), Fertilizer (-33.3pts), E&P’s (-27.0pts), Power (-21.8pts) and Engineering (-18.8pts).

· Volumes increased from 607.9mn shares to 621.2mn shares (+2.2% DoD). Average traded value decreased by 5.7% to reach US$ 48.8mn as against US$ 51.8mn.

· Stocks that contributed significantly to the volumes are WTL, CNERGY, KEL, PRL and PIAA.

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