The market opened positive in line with regional market and stayed so all day. The Index closed up 120pts at 34065 or 0.4pc. Volumes and value traded rose 45pc and 26pc at 190mln shares and Rs 7.2bln. 42 pts in today's index gain came from Habib Bank. Much of today's volumes were generated by 2nd tier stocks. The market will continue to take cue from regional markets with a steady stream of foreign outflow. Upcoming monetary policy is a possible upside trigger,
Today's movers were Mari, the Ghandara, Pakistan Refinery and Kohat cement. Kohat was up 2.5pc while the rest climbed 5pc. Merit Packaging and Noon Pakistan lost 5pc and 4pc respectively. Today's net foreign outflow number was USD0.7mln.
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