Today's Market

The market scored another positive session closing up 442pts at 41743, at an all time high. Turnover was 695mln while value traded was highest for this calendar year at Rs 21.8 bln. Top 10 companies by value traded accounted for 30pc of the market but only 13pc of volume. Euphoria over lower political turmoil has given the index a new vigour. Higher inflation number also added to strength in the banking sector as investors look to an eventual end for low interest rates. Big three banks HBL, MCB and UBL contributed 154pts to the index today.