· 64k recapitalized keeps the tight trading range intact with resistance @ 65.5k

· Moves above 65.3k will break last week’s high and target 67k

· A skewed A/D 72:22 with MARI PA (+7.5%) and PPL PA (+4.74%) contributing the most to index gains, with ENGRO PA (-1.23%) and PAKT PA (-2.07%) the biggest drags on the index.

· The index remains little changed on the week, with positive news flow from the IMF expected to boost the Friday session to close at a new high of the week.

Courtesy – Arif Habib Ltd Sales