MARKET CLOSING - 4TH OCT 2021

During today’s session the benchmark observed a recovery of 172.80pts as the index accumulated at 45,044.50 pts. The key index remained range bounded as it hovered between 44,561.82pts and 44,105.04 pts. The all share volumes remained lackluster, standing at 267mln. The market volumes depict investors caution towards taking new exposures. The investor sentiment remained positive during the session as the volume leaders were TELE (26mln), WTL (22mln), SMBL (15mln), BYCO (13mln) and GGL (13mln). On the economic front, the global supply chain situations are getting worse ahead of Christmas, coupled with the escalating commodity prices. Meanwhile, in the local markets, Political tensions are brewing dew to Pandora’s papers.