Today's Market

The market continued its southward journey, under pressure over strict regulatory posture, to close down 489pts(1pc) at 48519. Turnover was 250mln shares and value traded was Rs11.6bln, down 9pc and 18pc respectively.

A slew of scrips closed over 4pc lower. SNGP, ISL, ASL, SSGC, BOP, NCL, GGL, THAL, POWER and NCPL were among them. 

SML, LOTCHEM, GHNI and DFML were among the few scrips that closed positive.

Further consolidation should open up values for accumulation.