·        The benchmark KSE-100 index witnessed a bloodbath session today over prevailing political uncertainty in the country. The market opened in the negative zone and remained under pressure throughout the day as investors opted for panic selling due to rupee devaluation against USD. The main board volumes remained dull although hefty volumes were observed in the 3rd tier stocks.

·        The Index closed at 41,367.11pts, down by 707.80pts (-1.68% DoD). Sectors contributing to the performance include Banks (-127.6pts), Cement (-106.6pts), Fertilizer (-106.2pts), E&P (-69.1pts) and Technology (-67.9pts).

·        Volumes increased from 140.1mn shares to 151.4mn shares (+8.0% DoD). Average traded value decreased by 18.9% to reach US$ 20.3mn as against US$ 25.0mn.

·        Stocks that contributed significantly to the volumes are WTL, KEL, TPLP, PRL and CLVLR.