Todays Market

The market closed up 228pts to Finally close above 33000 after two unsuccessful attempts this week. The Index is up 50pts shy of 1400pts from its two month low of 33166 on 1st December. Value traded hit a month high at Rs10.5bln. DGKC hit a massive Rs.1.1bln in value traded today. It ended up over 2.75pc. Cements saw positive activity on the back of good recent uptake numbers.

SSGC, Mari, NRL, Feroz, System Limited, and Hinoon closed up 4-5pc. PIA saw after the government announced it intends to privatize the company in 2016. silk bank traded actively after Arif Habib Corp announced plans to take up an equity stake in the company.