· Market gained close to 500pts during the session and closed +264pts (unadjusted). Sentiment was buoyant on the expectation of healthy earnings by key listed entities which helped propped up the market. Besides, incentives issued in favour of Technology firms and Finance Minister’s notice regarding inquiry against stock brokers also helped develop positive sentiment. Banks, O&GMCs, Cement, Power and Technology stocks performed well. Refinery sector also performed well due to anticipation of refinery policy being finally put to approval of Cabinet. Among scrips, GGL led the volumes with 27.6M shares, followed by WT (26.7M) and EPCL (25.9M).

· The Index closed at 47,377pts as against 47,135pts showing an increase of 241pts (+0.5% DoD). Sectors contributing to the performance include Technology (+99pts), Power (+26pts), Fertilizer (+24pts), Autos (+17pts) and Pharma (+15pts).

· Volumes increased from 370mn shares to 382.6mn shares (+3% DoD). Average traded value also increased by 29% to reach US$ 95.8mn as against US$ 74mn.

· Stocks that contributed significantly to the volumes include GGL, WTL, EPCL, BYCO and TELE, which formed 31% of total volumes.

· Stocks that contributed positively to the index include TRG (+77pts), HUBC (+27pts), ENGRO (+26pts), SYS (+24pts) and INDU (+22pts). Stocks that contributed negatively include BAHL (-15pts), MCB (-9pts), EFERT (-6pts), CHCC (-5pts) and FABL (-5pts).