The PSX ended the business week with a positive session today.

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· The PSX ended the business week with a positive session today. The market opened in the green and proceeded to trade in the same territory throughout both sessions as clarity on the political front drove the investors to take position in the market. The index made an intraday high of 326.77 points as exceptional corporate results kept the banking sector in the limelight.

· The index closed at 41,580.85 up by 116.94pts (+0.28% DoD). Sectors contributing to the performance include Commercial Banks (+69.2pts), Pharmaceuticals (+40.0pts), Inv. Banks / Inv. Cos. / Securities Cos. (+15.2pts), Food & Personal Care Products (+13.4pts), and Refinery (+12.7pts).

· Volumes increased from 169.1mn shares to 268.1mn shares (+58.5% DoD). The average traded value increased by +43.7% to USD 31.6mn as against USD 22.0mn.

· Stocks that contributed significantly to the volumes are CNERGY, PRL, SILK, WTL and TELE.

Courtesy – AHL

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