· PSX witnessed a positive session today as further clarity on political ground pushed the market in the green and maintained its upward trend from the previous close. Pak Rupee continued to strengthen against US Dollar giving the investor’ confidence boost. In contrast to solid main board volumes, third tier companies continued to remain in the limelight.
· The Index closed at 41,518.23pts, up by 366.69pts (+0.89% DoD). Sectors contributing to the performance include E&Ps (+93.1pts), Banks (+55.0pts), Cement (+42.5pts), Fertilizer (+39.2pts) and Pharmaceuticals (+20.7pts).
· Volumes increased from 213.0mn shares to 230.7mn shares (+8.3% DoD). The average traded value also increased by 1.1% to US$ 41.1mn as against US$ 40.7mn.
· Stocks that contributed significantly to the volumes are TPLP, TRG, KEL, CNERGY and WTL.