· The market witnessed a range bound session today, PSX opened on the positive note but remained volatile due to continuation of Rupee parity against USD as political and economic uncertainty kept the investors at bay. The market remained lackluster throughout the day. Main board continued to remain dry whereas hefty volumes were observed in 3rd tier stocks.

· The Index closed at 43,504.36pts, up by 111.22pts (+0.26% DoD). Sectors contributing to the performance include Fertilizer (+40.7pts), Technology (+27.6pts), OMC’s (+12.7pts), and Power (+10.8pts).

· Volumes decreased from 305.2mn shares to 233.9mn shares (-23.4% DoD). Average traded value also decreased by 25.7% to reach US$ 36.4mn as against US$ 49.0mn.

· Stocks that contributed significantly to the volumes included CNERGY, PRL, PIBTL, LOTCHEM and TELE.

Courtesy- AHL