Day review

Today's market was characterized by last week's tone. The market opened positive to trade up to 140pts plus. However during the course of the day it gave up all gains to close in the red. Volumes fell by 30pc and value traded by 8pc. Index closed down 84 pts at 33861. Today's net outflow number of USD 4.8mln sums up market movement. The Index has been struggling to post some gains since some days now but foreign selling seems to unsettle investors,

Today's gainers were AGTL, PSMC, NOPK, SEARL, GHNL, and OTSU. Fertilizers and cements were marginally lower. PAEL TRG and ASC didn't move much either. Automotives were the main movers for the day. Hcar up 3pc, PSMC up 5 pc and Al Ghazi tractors up 5pc.

Lalpir power and Efoods lost almost 5pc today. SSGC and SNGP lost 3pc.