Starting off the week on an optimistic move, bourse concluded the day on a positive footing following two consecutive sessions with red flags.
ASPI displayed a pattern of pulse with a sideways momentum throughout the session,where an upward trend was noted during the first few minutes of trading and thereafter moved laterally with limited fluctuations to close at 7,216 gaining7 points.
Turnover was led by the Food, Beverage & Tobacco sector with a sole contribution of 42%. Parcel trades accounted for 11% of turnover. Foreign investors remained net sellers while recording moderate participation.
The secondary bond market yield curve broadly remained unchanged while the overall market witnessed thin volumes.
However, in the short end of the yield curve, slight buying appetite was witnessed resulting in 01.10.22 maturity trading at 5.90%, 15.07.23 at 6.40% and 15.11.23 at 6.50%.
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