Bourse ended in the negative territory after a 9 day continuous rally while the market surpassed YTD foreign outflow of 20 billion.
ASPI was dragged down predominantly due to the dip in prices of JKH & TJL. The market experienced a down-trend since the beginning of the session and hit its intraday low of 5,143 during mid-day, thereafter moved upwards and experienced a slight dip before the final 30 minutes of trading. Later index recorded an uptrend once again, and closed at 5,154 losing 10 points. Parcel trades boosted the turnover, contributing 27% of the total.
The secondary market yield curve remained broadly unchanged whilst the overall market witnessed moderate volumes.
During the early hours of trading, buying interest was seen on 01.09.23 trading at 6.10% while mixed activity was seen on 15.01.23 and 15.07.23 trading at 5.95%-6.20% levels, in addition, 15.09.24 traded at 6.53%-6.60% levels. At the primary bond auction held today, 15.12.22 and 15.08.27 bonds were accepted at weighted average yields of 5.86% and 6.97%, respectively.
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