The market was opened on a healthy sign and moved in a narrow range till the close of first trading session. However, as soon as the second session started, the sentiments were changed when investors preferred offloading to get out of the market ahead of the weekend. Most of the bluechips and ready board shares including MCB Bank, National Bank, Adamjee Insurance, Engro Foods, Engro Corporation, Fauji Fertiliser, Fatima Fertiliser, D G Khan Cement, Fauji Cement, PPL, PTCL and WorldCall Telecom ended in negative zone.
A few companies like Thal Limited, Atlas Battery, Nimir Industrial Chemical, Pervez Ahmed Securities and Maple Leaf Cement resisted pressure and closed with marginal gains. The losers were more than the gainers, as out of a total of 94 active companies, seven companies posted gains, 32 went down, while 55 companies remained unchanged at their overnight closing.
Thal Limited gained 25-paisa, Atlas Battery was improved by 22-paisa while Nimir Industrial Chemical was up by 15-paisa. In the minus column, MCB Bank lost Rs 3.37, Engro Foods was declined by Rs 3.31, Adamjee Insurance was depreciated by Rs 2.24, while Engro Corporation and D G Khan Cement were down by Rs 1.84 and Rs 1.31 respectively. Lafarge Pakistan with trading of 1.254 million shares topped the volume leaders followed by Bank of Punjab with 241,278 shares.