The market remained upbeat during the day despite a tepid closing at 39050, up 18pts for the day. Turnover and value traded fell 20pc to 196mln shares and Rs 15.22bln. Foreign inflows post eid holidays have provided solid support to sentiment. Inflows for the day were USD7mln.
COLG, ABOT, MUREB, GLAXO, BERG and ACPL were the top performers rising 4-5pc. RMPL. FML were top losers shedding 5pc. PAEL, MLCF, SEARL, EFERT and DGKC topped the value traded list while KEL, PAEL, PTD, EFERT and SNGP topped the volume leaderboard. Foreign flows to provide impetus to the market. We advise caution at these levels as market is at an all time high.
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December 2018
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