·   The business week started with a mixed session at the PSX today. The benchmark KSE-100 index started in the red, but trends gradually shifted as the index traded both ways, as delayed review of the IMF’s Extended Fund Facility and ongoing political uncertainty kept investors at bay, resulting in a drop in volumes across the board.

·   The index closed at 40,000.37pts, up by 58.32pts (+0.15% DoD). Sectors contributing to the performance include Technology & Communication (+48.3pts), Fertilizer (+32.5pts), Commercial Banks (+6.0pts), Cement (+6.0pts), and Chemical (+3.9pts).

·   Volumes increased from 46.7mn shares to 64.5mn shares (+38.1% DoD). The average traded value also increased by +93.3% to USD 8.8mn as against USD 4.5mn.

·   Stocks that contributed significantly to the volumes are WTL, MEBL, TELE, FCCL and TRG.

Courtesy – AHL