· Market witnessed range-bound activity today due to mounting international oil prices. Index opened on positive note at the start of trading session and managed to close positive with 87 points. In IPPs, HUBC remained under pressure due to disappointing financial result. In Banking sector, AKBL made the journey to lower circuit due to no payout in the financial result. Main board activity remained dull.

· The Index closed at 45,731.70pts as against 45,644.09pts showing an increase of 87.61pts (+0.19% DoD). Sectors contributing to the performance include Fertilizer (+31.3pts), Technology (+31.1pts), Automobile (+18.6pts), Cement (14.4pts) and Inv. Banks (+10.8pts).

· Volumes increased from 187.8mn shares to 274.6mn shares (+46.2% DoD). Traded value also increased by 13.7% to reach US$ 38.4mn as against US$ 33.8mn.

· Stocks that contributed significantly to the volumes include WTL, KEL, TELE, TPLP and TRG.

Courtesy – AHL