Today's Market

The Index surged 537pts to close at 37515. Turnover was low but value traded surged to Rs9.5bln as big names hopeful of inclusion in MSCI EM notched up gains. Today was a stark reversal in expectations on the MSCI front. HBL, UBL, MCB, LUCK, FFC, HUBC and OGDC rose 2-4.5pc. Inclusion in MSCI is expected to add further impetus to the market.