The PSX witnessed a mixed session today

  • Post author:
  • Post category:PSX
  • Reading time:1 mins read

·   The PSX witnessed a mixed session today. The benchmark KSE-100 opened in the green but traded both ways as the index remained choppy throughout the trading period as investors opted to remain cautious on account of the further delay in signing the Staff Level Agreement between the government and IMF along with the prevailing political uncertainty crushing investors’ confidence. Volumes across the board remained healthy, while the 3rd tier stocks stayed in the limelight.

·   The index closed at 41,816.43pts, down by 40.42pts (-0.10% DoD). Sectors contributing to the performance include Food & Personal Care Products (-11.9pts), Autos (-5.7pts), Chemicals (-5.0pts), Cements (-4.7pts), and Banks (-4.6pts).

·   Volumes decreased from 289.3mn shares to 185.3mn shares (-32.1% DoD). The average traded value also decreased by -0.6% to USD 23.9mn as against USD 24.0mn.

·   Stocks that contributed significantly to the volumes are HASCOL, WTL, GGL, TELE and OGDC.

Courtesy- AHL

Sharing is caring

Leave a Reply