The market was opened on a mixed note and remained range bound during early trading hours. Later, the market witnessed sharp buying in Byco Petroleum, Dewan Sugar Mills, Maple Leaf Cement, Dewan Cement, Pak Electron, Nimir Industrial Chemical, Fauji Fertiliser, Descon Chemicals, WorldCall Telecom and Lotte Pakistan PTA that helped improved sentiments.
However, profit taking was also seen in Engro Corporation, Dawood Hercules Corporation, Nishat Chunian, Nishat Mills, Tariq Glass Industries, D.G. Khan Cement, Engro Foods, Dewan Salman Fibre and Saritow Spinning Mills which were closed in negative column. The gainers were more than the losers, as out of a total of 98 active companies, 23 posted gains, 16 stayed in minus column, while 59 companies were closed at their overnight closing.
Byco Petroleum gained Rs 1.00, Dewan Sugar Mills was improved by 63-paisa, Maple Leaf Cement was appreciated 44-paisa while Pak Electron and Dewan Cement were up by 37-paisa each. Engro Corporation lost Rs 1.49, Nishat Chunian was declined by Rs 1.42 while Tariq Glass Industries and Dawood Hercules Corporation were down by 87-paisa and 50-paisa, respectively. Byco Petroleum with trading of 787,000 shares topped the volume leaders followed by Bank of Punjab with 475,500 shares.