· Bulls ruled over the bears today due to expectation of status quo in the upcoming MPC meeting. Market opened on a positive note and stayed in the green zone throughout the day. Main board activity remained gloomy. On the flip-side, activity continued to remain side-ways as market witnessed hefty volumes in the 3rd tier stocks. In the last trading hour, value buying was observed due to result announcements in the upcoming week.

· The Index closed at 45,018.28pts as against 44,825.97pts showing an increase of 192.3pts (+0.43% DoD). Sectors contributing to the performance include Technology (+66.1pts), Banks (+52.9pts), E&P (+16.1pts), Textile Composite (+11.8pts) and Power (+11.1pts).

· Volumes decreased from 254.2mn shares to 176.1mn shares (-30.7% DoD). Traded value also decreased by 8.6% to reach US$ 40.1mn as against US$ 43.9mn.

· Stocks that contributed significantly to the volumes include TRG, JSCL, WTL, CNERGY and GGL.

Courtesy – AHL