Day review

The days activity was uneventful, corporate annoucements failing to ignite the market, The index closed down 17pts. Volumes were down 15pc at 126mln shares while value traded rose 10pc at Rs. 7.9bln.

​The days gainers were Bata, Shezan, Al Ghazi Tractors, Ghandara Industries, Dawood hercules and Searle all up 5pc. PNSC, Cyan, Bifo and Murree Brewery lost 5pc. Al Shaheer lost 3.6pc.

Value traded rose despite falling volumes mainly because of activity in big ticket stocks like Glaxo, UBL, Searle, Engro, Hascol, Al Shaheer and Nishat Mills. 

Pak elektron announced quarterly numbers with EPS growth, UBL also showed Eps growth. FFBL announced weak earnings and lost 2.7pc. Cements ended the day unchanged and so did commercial banks. Gas and Oil marketing companies didnt move much.