Stocks drift higher in volatile session - News Summed Up

Stocks drift higher in volatile session


Leveraged positions continued causing jitters every now and then, which kept activity in tech stocks as well as food sector a bit volatile. Cement sector stocks went up earlier in the session, however, selling pressure brought the levels down by the end of session. The overall market volumes declined from 455.55 million shares in the previous session to 408.37 million shares (-10pc). Unity Foods Ltd (UNITY +5.95pc), Telecard Ltd (TELE +7.89pc) and TRG Pakistan Ltd (TRG +7.50pc) led the volume chart, exchanging 37.24 million, 35.61 million and 28.55 million shares, respectively. Among the companies, TRG Pakistan Ltd (TRG +106.86 points), Habib Bank Ltd (HBL +28.67 points) and Meezan Bank Ltd (MEBL +19.22 points) remained the top contributors.


Source: Pakistan Today March 16, 2021 13:21 UTC



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