· Market witnessed profit selling after displaying the best performance ever in the last 3 trading sessions, pushing the KSE100 index up by +9.5% Investor choose to realize some gains cropping the index by 341 points (-0.78%) to close at 43,557 points. Activity remained healthy during the trading session, E&P, Refinery, and Technology Sectors remained in the limelight.

· The index closed at 43,557 down by 341.99pts (-0.78% DoD). Sectors contributing to the performance include Fertilizer (-160.7pts), Cement (-76.4pts), Chemical (-44.3pts), Automobile Assembler (-41.5pts), and Commercial Banks (-41.1pts).

· Volumes increased from 381.9mn shares to 419.3mn shares (+9.8% DoD). The average traded value also increased by 90.2% to USD 57.50mn as against USD 30.24mn.

· Stocks that contributed significantly to the volumes were PRL, CNERGY, WTL, MLCF, and OGDC.

Courtesy – AHL