Monday, March 29, 2021

Turnover at a near 3-week high

Bourse started the week reverting the direction back to positive after two consecutive sessions in the negative territory while recording a near 3-week high turnover.

Index experienced a short-lived spike within the first few minutes of trading, thereafter witnessed a continuous upward movement reaching its intraday high of 7,149 during mid-day.

Later the market recorded a sideways movement and closed at 7,128 gaining 30 points. Banking sector counters dominated the turnover for the session with a contribution of 63%.

Parcel trades boosted the turnover for the session amounting to 50% of total. Market witnessed the highest net foreign outflow after 2 months while recording high participation.

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