· The week started with a positive session at the PSX. The market opened in a positive zone and stayed green all day long. Investors’ participation remains healthy in E&P Sector on the expectation of resolution of gas circular debt; the index went up by 698 points intraday. Robust volumes were observed in the mainboard, although third-tier stocks remained in the spotlight.

· The index closed at 40,155.16 pts, up by 485.96 pts (+1.23% DoD). Sectors contributing to the performance include E&P’s (+177.1pts), Fertilizer (56.7pts), Miscellaneous (+50.6pts), Cement (+49.1pts), and OMCs (+39.5pts).

· Volumes increased from 132.6mn shares to 146.9mn shares (+10.7% DoD). The average traded value increased by 12.5% to USD 22.9mn against USD 20.3mn.

· Stocks that contributed significantly to the volumes are PPL, OGDC, WTL, PRL & KEL.

Courtesy – AHL