Today's Market

The Index closed sharply higher by 1.5pc, up 464pts to close at 31928. Turnover was light at 90mln shares and value traded was also lower at Rs.5.7bln by about 25pc and 20pc compared to Fridays close. A strong closing on Friday for crude oil and better performance by regional markets helped the PSX close positive. The standout performers among active stocks were PPL, SNGP, DGKC, POL and HBL up by 4.77, 5, 3.7, 3.8 and 3.4pc respectively. Oil and Cement stocks were the main movers today. So far the pattern at the exchange is rallies are met with waves of foreign outflows leading to reduced volumes.