Today's Market

Amidst another cement company, MLCF, joining the expansion fray, the market lost 187pts on weak sentiment regarding cement sector capacity buildup. Turnover was 252mln while value traded was lower at Rs 9.9bln. TRG, POL and JSCL were the few bright spots in today's trading ending 3-5pc higher. Most cement stocks got hammered with DGKC being the most actively traded stocks by value for the day.

Outflows were most pronounced in cement and food