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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