Earning season

The index ended 34pts up. Volumes were down by 20pc at 140mln shares and value traded was down only by 5pc.

Active trading was evident in PAEL, Al Shaheer, Searle, Glaxo and Hascol. Impending earning expectations drove the market. PAEL, Al Shaheer, Crescent Steel, Glaxo and Systems Ltd were up 5pc. HBL was up 2pc on robust quarterly earnings. PIBTL gained 3pc. PPL lost 4pc on unimpressive quarterly numbers. Volume leaders BYCO and TRG were down 3.7 and 1.8pc.

Noon Pakistan, Archroma, Linde ended up 5pc. Overall the chemical sector ended mostly in the green.

Tri Pack films lost 5pc.