The PSX started the week with mixed sentiments.

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·      The PSX started the week with mixed sentiments. The market started in the positive territory but continued to trade in both directions as investors chose to remain passive during the trading session due to political uncertainty and the delayed IMF Program. Volumes across the board stayed sluggish as investors await clarity on political and economic issues.

·      The index closed at 40,784.13 pts, up by 76.37pts (+0.19% DoD). Sectors contributing to the performance include Commercial Banks (+86.1pts), Miscellaneous (+50.4pts), Cement (+17.7pts), Power Generation & Distribution (+17.7pts), and Automobile Assembler (+12.4pts).

·      Volumes increased from 153.4mn shares to 158.1mn shares (+3.0% DoD). The average traded value also increased by 15.4% to USD 22.0mn as against USD 19.0mn.

·      Stocks that contributed significantly to the volumes are WTL, HUBC, TPLP, HBL and MLCF.

Courtesy – AHL

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