Today's Market

The market closed down 135pts at the 39000 level. Turnover was 166mln shares while value traded was Ra9.8bln. OGDC, KAPCO, ENGRO, PPL, FFC, HUBC accounted for a 130pt drop in the KSE100. Foreign flows came in at USD7.8mln. With result season round the corner and crude oil prices once again heading south could make up for increased volatility at these levels.