· Today’s session on the KSE-100 was range bound. The market began in the green but swung as political noise flared up and recent developments on the IMF program, with the index closing in the negative as investors chose to book profits during the final trading hour. Volumes remained strong, with third-tier equities dominating the volume board.

· The index closed at 41,833.66 down by 172.58pts (-0.41% DoD). Sectors contributing to the performance include E&P’s (-90.1pts), Commercial Banks (-35.1pts), Inv. Banks / Inv. Cos. / Securities Cos. (-34.1pts), Technology & Communication (-33.7pts), and Cement (-27.6pts).

· Volumes decreased from 196.2mn shares to 125.5mn shares (-36.0% DoD). The average traded value also decreased by -69.8% to USD 12.4mn as against USD 20.24mn.

· Stocks that contributed significantly to the volumes are WTL, FFL, HUMNL, BGL and LOTCHEM.

Courtesy – AHL