· Market traded range bound today with an oscillation between -163pts and +279pts, closing the session -105pts (unadjusted). Profit booking was again witnessed after an uptick in index seen in the previous two sessions particularly in Cement, O&GMCs, Refineries and Technology sectors. Despite stable oil prices in the international market and an overnight jump therein, listed E&P sector remained bearish with selling pressure in OGDC and PPL. Among scrips, HASCOL led the table with 49.3M shares, followed by WTL (42M) and KOSM (28.8M).

· The Index closed at 47,686pts as against 47,800pts showing a decline of 114pts (-0.2% DoD). Sectors contributing to the performance include Power (-24pts), Banks (-22pts), E&P (-18pts), Cement (-17pts) and Inv Banks (-15pts).

· Volumes declined from 760mn shares to 563.8mn shares (-26% DoD). Average traded value stood at US$ 103.5mn with a nominal increase of 0.4% DoD.

· Stocks that contributed significantly to the volumes include HASCOL, WTL, KOSM, PACE and GGL, which formed 29% of total volumes.

· Stocks that contributed positively to the index include LUCK (+21pts), AGP (+19pts), TRG (+13pts), KOHC (+8pts) and FFC (+8pts). Stocks that contributed negatively include HUBC (-24pts), PPL (-14pts), CHCC (-13pts), HASCOL (-12pts) and MCB (-12pts).

(AHL)