Today's market

The index closed up 200pts at 33212 continuing yesterday's run up. Volumes fell 13pc to 171mln shares while value traded also came down 17pc to Rs8.8bln. Net Foreign outflow resumed today at USD2.6mln. We highlight international market volatility and and crude oil weakness as possible dampeners of market sentiment. That said earnings season may bring strong earnings in focus. With December closing approaching local funds activity may also be limited.

Today's movers were Searle, UBL, MCB, PSO, Mari, Ferozsons and International Steel.