· Today’s trading session at the PSX was another success. The market opened in the green and continued to trade in the green throughout the day, courtesy of favorable news about the resumption of the long-stalled IMF program. Investor activity was strong throughout the day as whisper of good budget for capital kept index moving. Across the board, healthy volumes were recorded.

· The index closed at 41,923.46 up by 255.52pts (+0.61% DoD). Sectors contributing to the performance include Fertilizer (+64.8pts), OMCs (+43.7pts), Refinery (+25.6pts), Chemical (+22.6pts) and Cement (+16.5pts).

· Volumes increased from 145.2mn shares to 240.8mn shares (+65.9% DoD). The average traded value also increased by 51.1% to USD 24.9mn as against USD 16.5mn.

· Stocks that contributed significantly to the volumes are WTL, PRL, CNERGY, PPL and PAEL.

Courtesy – AHL