Today's Market

The market closed down just 54pts after making an intra day low of 240pts, to close at 33685. Turnover was 171mln shares while value traded was Rs6.5bln. The governments intention to impose super tax for another year was met with negativity in the market.

To performers were MARI, PKGS and HCAR rising by +4pc. LPL and PKGP lost +4pc on weak earnings annoucements. Most big cap stocks remained under pressure. PPL gained almost 3.5pc. EFERT announced quarterly EPS of Rs 1.55.