Volumes increased from 181.3mn shares to 248.2mn shares : PSX

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· Market witnessed a positive session today as Pakistan received the first tranche of the extended fund facility from the International Monetary Fund. Investors participation remained active throughout the day, healthy volumes were observed while the cement sector remained in the limelight.

· The Index closed at 42,460.08pts, up by 108.93pts (+0.26% DoD). Sectors contributing to the performance include Cements (+89.8pts), Banks (+19.5pts), Technology (+18.8pts), Leather (+10.8pts) and Investment Banks (+8.0pts).

· Volumes increased from 181.3mn shares to 248.2mn shares (+36.9% DoD). Average traded value also increased by 11.2% to reach US$ 36.7mn as against US$ 33.0mn.

· Stocks that contributed significantly to the volumes are CNERGY, MLCF, FCCL, KAPCO and PRL.

Courtesy- AHL

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