· The PSX witnessed a mixed session today. The benchmark KSE-100 opened in the green but traded both ways. Activity remained sluggish throughout the trading session. Investors opted to remain sidelined because of the impending delay in signing the SLA between the government and IMF and the prevailing political uncertainty affecting investors’ confidence. Volumes across the board remained decent, while the 3rd tier stocks stayed in the limelight.

· The index closed at 39,848.35 pts, down by 31.5pts (-0.08% DoD). Sectors contributing to the performance include Miscellaneous (-37.9pts), Technology & Communication (-23.4pts), Inv. Banks / Inv. Cos. / Securities Cos. (-12.8pts), Fertilizer (-12.6pts), and Food & Personal Care Products (-8.8pts).

· Volumes decreased from 108.8mn shares to 88.7mn shares (-18.5% DoD). The average traded value increased by 24.1% to USD 14.0mn as against USD 11.3mn.

· Stocks that contributed significantly to the volumes are TELE, PAEL, ENGRO, WTL & AGHA.

Courtesy – AHL