· Market traded range bound today, oscillating between -49pts and +222pts, ending the session +32pts (unadjusted). Profit booking brought the index down from session’s high, which seems plausible after an ascent of ~600pts in the past couple of sessions. Technology, Fertilizer, Cement and Steel sectors saw profit booking, whereas Banks and O&GMCs moved up. Among scrips, TELE topped the volumes with 58.2M shares, followed by HASCOL (49.7M) and WTL (45.6M).

· The Index closed at 47,790pts as against 47,758pts showing an increase of 32pts (+0.1% DoD). Sectors contributing to the performance include Banks (+56pts), O&GMCs (+17pts), Chemical (+13pts), Cement (-28pts), Technology (-21pts) and Refinery (-15pts).

· Volumes increased from 443.2mn shares to 533mn shares (+20% DoD). Average traded value however declined by 7% to reach US$ 92.7mn as against US$ 99.1mn.

· Stocks that contributed significantly to the volumes include TELE, HASCOL, WTL, TPL and PACE, which formed 41% of total volumes.

· Stocks that contributed positively to the index include ANL (+19pts), MEBL (+19pts), HBL (+19pts), SNGP (+17pts) and POL (+16pts). Stocks that contributed negatively include TRG (-16pts), PPL (-9pts), GATM (-9pts), DGKC (-9pts) and BAHL (-9pts).