The PSX Index closed at 47,641pts as against 47,790pts showing a decline of 149pts

· Market traded in a narrow range between -207pts and +107pts, closing the session -149pts. Profit booking was still at works, particularly in Technology, Banks, O&GMCs and Chemical stocks, where prices went up in previous sessions, whereas Steel and Cement sector stocks saw continuation of consolidation. Rupee parity has been stable however the outlook suggests an appreciation is in the offing that kept the investors undecided on portfolio positions. Among scrips, PTC led the table with 62.1M shares, followed by TPL (42.6M) and TELE (35.6M).

· The Index closed at 47,641pts as against 47,790pts showing a decline of 149pts (-0.3% DoD). Sectors contributing to the performance include Misc (-36pts), Cement (-22pts), Technology (-20pts), O&GMCs (-17pts) and Pharma (-14pts).

· Volumes increased from 532.9mn shares to 546.8mn shares (+2% DoD). Average traded value also increased by 1% to reach US$ 92.7mn as against US$ 92.8mn.

· Stocks that contributed significantly to the volumes include PTC, TPL, TELE, GGL and HUMNL, which formed 35% of total volumes.

· Stocks that contributed positively to the index include JLICL (+9pts), MTL (+9pts), PTC (+8pts), MEBL (+6pts) and HMB (+5pts). Stocks that contributed negatively include PSEL (-36pts), SYS (-15pts), TRG (-13pts), BAHL (-10pts) and SNGP (-10pts).

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