The market was opened on a positive sign and stayed in green zone following buying in fertiliser sector shares like Fauji Fertiliser, Engro Corporation, Fauji Fertiliser Bin Qasim, and Fatima Fertiliser, while DG Khan Cement, Fecto Cement, Nishat Chunian, Kot Addu Power, National Bank, Bank Alfalah, Bank of Punjab, and Byco Petroleum also attracted the buyers.
However, ahead of close of trading, the investors started offloading that dragged the market into negative zone. As a result, Dawood Hercules Corporation, Pak Electron, Dewan Cement, KESC, Askari Bank, Dewan Salman Fibre, KASB Bank, Ruby Textile Mills and Fauji Cement remained under pressure. The gainers and the losers were equal, as out of a total of 109 active issues, 23 companies posted gains, 23 recorded losses, while 63 companies stayed glued to their previous closing.
Fauji Fertiliser gained Rs 1.5, Fecto Cement was improved by Rs 1.42, while DG Khan Cement and Engro Corporation were up by 87-paisa and 77-paisa, respectively. Dawood Hercules Corporation lost 35-paisa, Pak Electron and Dewan Cement shed 25-paisa each while KESC was down by 24-paisa. NIB Bank with trading of 640,000 shares topped the volume leaders followed by Fauji Cement with 415,500 shares.