ASPI marks a three month high

The broader market regained momentum during the day pivoting from the selling pressure witnessed during the previous sessions as it eased on the green zone.

The index reached a three month high, as it closed at 12,053 gaining 124 points.Banking sector and blue chip stocks mostly backed the positive momentum. Turnover was recorded at Rs.2.8 Bn, 56.6% higher than the monthly average of Rs.1.8 Bn.

Banking sector contributed 64% of the overall turnover whilst Capital Goods and Food, Beverage and Tobacco sectors jointly contributed 18%.

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