PSX sees good trading in TRG, HASCOL, WTL, KEL and KAPCO, today

· The market remained under pressure throughout the day as investor’ participation remained left and right. PSX opened in the positive zone but traded in a range equally during both the sessions. The continued parity of Pak rupee against US dollar, political and economic uncertainty kept the investors on the sideline. Volumes remained decent although 3rd tier stocks remained in the limelight.

· The Index closed at 41,679.49pts, down by 92.60pts (-0.22% DoD). Sectors contributing to the performance include Banks (-81.3pts), E&P’s (-27.3pts), Tobacco (-18.4pts), Cement (-16.7pts) and Investment Banks (-10.0pts).

· Volumes decreased from 260.0mn shares to 219.4mn shares (-15.6% DoD). Average traded value also decreased by 12.1% to reach US$ 37.5mn as against US$ 42.7mn.

· Stocks that contributed significantly to the volumes are TRG, HASCOL, WTL, KEL and KAPCO.

Courtesy – AHL

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