Today's Market

After opening and staying strong for most of the session, the market closed level with yesterday at 12pts plus. Volumes were up 24pc while value traded rose 52pc to 274mln shares and Rs. 11.4bln respectively. PIBTL traded close to a whopping 60mln shares or almost 22pc of market turnover. It closed up 4pc. Should crude prices take a breather, the market could see some consolidation before June 14 MSCI EM review.