· Today, a mixed session was taped at the PSX. The benchmark KSE-100 index opened in the green but struggled to hold its position as the bourse traded in both directions and eventually concluded in the negative territory. Volumes remained flat across the board due to investors’ lack of engagement, primarily due to the delayed IMF talks for the 9th tranche of the Extended Fund Facility.

· The index closed at 39,804.71 pts, down by 31.19pts (-0.08% DoD). Sectors contributing to the performance include Commercial Banks (-24.2pts), Fertilizer (-16.3pts), Power Generation & Distribution (-9.0pts), Pharmaceuticals (-8.5pts), and OMCs (-3.9pts).

· Volumes decreased from 105.9mn shares to 59.7mn shares (-43.7% DoD). The average traded value also decreased by -25.7% to USD 4.8mn as against USD 6.4mn.

· Stocks that contributed significantly to the volumes are KEL, WTL, MLCF, ILP and PPL.

Courtesy – AHL