The market was opened on a mixed note and moved in a narrow range till mid day. However, market witnessed selling pressure in United Bank, Dawood Hercules Corporation Arif Habib Corporation, KESC, NetSol Technologies, Lotte Pakistan PTA, Pak Electron, Invest Capital Investment, and IGI Investment Bank. Just a head of close of trading, the investors made entries in PSO, Lucky Cement, Engro Foods, Engro Corporation, DG Khan Cement, Nishat Chunian, Nishat Mills, Pioneer Cement, and Sakrand Sugar Mills that helped market recover some of its earlier loss.
The gainers were more than the losers. Of 102 active companies, 36 posted gains, 16 went down, while 50 companies stayed glued to their previous closing. PSO gained Rs 4, Lucky Cement was improved by Rs 2.49, Engro Foods and Engro Corporation were appreciated by Rs 1.82 each while DG Khan Cement was up by Rs 1.74. United Bank lost 49-paisa, while Dawood Hercules Corporation and Arif Habib Corporation were depreciated by 42-paisa and 36-paisa, respectively. Lotte Pakistan with trading of 1.143 million shares topped the volume leaders followed by Fauji Cement with 297,500 shares.