Today's Market

The market closed a volatile session down 113. The opening was strong up till 150pts plus on the back of higher oil prices, regional market optimism and yesterday's net inflow. Soon afterwards the index fell 400pts, recovering most of its losses led by oil stocks towards closing. OGDC closed up Rs4.4, POL Rs 6.43 and PSO up Rs. 7.4. HBL announced full year EPS OF Rs 24 largely in line with market expectations along with a Rs 3.5 final cash dividend. An interim dividend of Rs10 has already been paid. KEL announced decent half year EPS of Rs0.7

Both turnover and value traded were up 30pc today.