The market closed down 41 pts at 33908. Volumes were stable at 189mln shares but value traded fell 25pc to Rs 6.75bln. Turnover was skewed towards second tier stocks and when this is taken into account trading was very narrow.. The markets tone was quite dull. Continued foreign selling has kept investor interest at bay.
Monetary policy announcement on Saturday could give some support to sentiment.
The following were the top 10 Turnover stocks for the day accounting for 103mln out of today's total turnover of 189mln shares.
Among the most active stocks by value only Pakistan Refinery, Searle and Ghandara Nissan managed gains of 3.5, 2 and 5pc. Hino was up 5pc. TRG lost 2pc, OGDC 1.6pc.Everything else didn't move at all in either direction.
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