· To begin the week, the PSX witnessed a range-bound day. Following the country’s prevailing political upheaval, the benchmark KSE-100 index opened in the negative zone, but managed to close Positive. Investor engagement has remained modest as investors await political clarity. Volumes on the mainboard remained erratic, with third-tier equities continuing to lead the volume board..

· The index closed at 41,718.42 up by 230.84pts (+0.56% DoD). Sectors contributing to the performance include Fertilizer (+78.7pts), Commercial Banks (+35.0pts), Technology & Communication (+24.4pts), Inv. Banks / Inv. Cos. / Securities Cos. (+23.7pts), and Chemical (+21.9pts).

· Volumes increased from 89.5mn shares to 109.2mn shares (+22.0% DoD). The average traded value decreased by -0.4% to USD 11.88mn as against USD 11.93mn.

· Stocks that contributed significantly to the volumes are WTL, TELE, HUMNL, LOTCHEM, and OGDC.

Courtesy- AHL