Today's Market

The market closed down 30pts at 39992. The session was characterized by lackluster movement, market moving in a tight band, just 140pts separating the days high from its low. Turnovers were stellar at 424ml, a hundred day high, while value traded was Rs13.25bln. KEL traded a whopping 17pc of total volume for the day, rising 1.32pc, on news of Shanghai Electric offering to buy a stake in the company pending approvals. The top 5 traded items for the day were KEL, BYCO, DCL, DSFL and TRG, together accounting for over 40pc of total market volume.

Performers for the day were NCL up 3.6pc, HCAR, ATLH, OTSU, GTYR, up over 4pc.

Losers were TREET, FEROZ, SHEZ and BWCL tumbling 5pc.

Foreign outflow for the day was just USD42000.