Last week’s rollover session had its trickle down impact on today’s trading session as well, primarily due to low settlement ratios. On top of it, political uncertainty caused by arrest of Opposition leader also caused ripples that resulted in index losing 1056pts during the session. The index closed -900pts (unadjusted). Cement, O&GMCs, Refinery, Banks saw heavy selling pressure. Technology stocks topped the volumes with 59.7M shares, followed by O&GMCs (54.6M) and Power (38.4M). Among scrips, HASCOL realized trading volumes of 57.5M shares, followed by UNITY (47.5M) and BYCO (28.4M).

· The Index closed at 40,740pts as against 41,701pts showing a decline of 960pts (-2.3% DoD). Sectors contributing to the performance include Banks (-227pts), Cement (-137pts), Fertilizer (-75pts), Textile (-59pts) and E&P (-58pts).

· Volumes declined from 435mn shares to 407.2mn shares (-6% DoD). Average traded value also declined by 7% to reach US$ 86.1mn as against US$ 92.9mn.

· Stocks that contributed significantly to the volumes include HASCOL, TRG, KEL, UNITY and BYCO, which formed 37% of total volumes.

· Stocks that contributed positively to the index include TRG (+6pts), EFUG (+3pts), MTL (+2pts), SRVI (+1pts) and OLPL (+0pts). Stocks that contributed negatively include HBL (-79pts), MARI (-47pts), BAHL (-44pts), ENGRO (-37pts) and HUBC (-35pts). (AHL)