·        The market observed a negative session today as US Dollar continued its flight against PKR. Investor’s participation lingered in the lackluster zone over concerns of resumption of IMF program. Volumes remained dry in the main board whereas hefty volumes were witnessed in the 3rd tier stocks.

·        The Index closed at 41,776.98pts, down by 363.78pts (-0.86% DoD). Sectors contributing to the performance include Cement (-70.7pts), Technology (-62.7pts), Power (-50.7pts), Banks (-37.1pts) and E&P’s (-32.9pts).

·        Volumes decreased from 282.9mn shares to 162.1mn shares (-42.7% DoD). Average traded value also decreased by 45.8% to reach US$ 23.4mn as against US$ 43.1mn.

·        Stocks that contributed significantly to the volumes are TPLP, WTL, PRL, CNERGY and UNITY.

Courtesy – AHL