The PSX witnessed a mixed trading session today.

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· The PSX witnessed a mixed trading session today. The benchmark KSE-100 opened in the red territory but traded in both directions, as investors chose to be vigilant due to the ongoing political uncertainty. Investors’ involvement remained sluggish throughout the day, as volumes in the mainboard dried up while 3rd tier stocks continued to dominate the volume board.

· The index closed at 40,499.34 up by 51.29pts (+0.13% DoD). Sectors contributing to the performance include Fertilizer (+68.3pts), E&P’s (+25.7pts), Cement (+13.8pts), Chemical (+11.4pts), and Inv. Banks / Inv. Cos. / Securities Cos. (+9.6pts).

· Volumes increased from 67.5mn shares to 84.2mn shares (+24.6% DoD). The average traded value also increased by +59.5% to USD 12.8mn as against USD 8.01mn.

· Stocks that contributed significantly to the volumes are SILK, WTL, ENGRO, PPL & BGL.

Courtesy – AHL

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