The market was opened on a negative note and kept on moving down throughout the day mainly on account of the investors' behaviour who preferred profit taking. As a result most of the bluechips including PSO, PPL, Mari Petroleum, Byco Petroleum, Engro Foods, MCB Bank, National Bank, NIB Bank, Bank of Punjab, Nishat Mills, Cheart Cement, Fauji Cement, Lafarge Pakistan Cement, Dawood Hercules Corporation, Fauji Fertiliser, KESC and PIA suffered handsome losses.
However, NetSol Technologies, Lalpir Power, Akzo Noble, Pak Elektron, Nishat Chunian, Nimir Industrial Chemical, and Bank-Al-Habib resisted pressure and were closed in green zone. The losers were more than the gainers, as out of a total of 91 active issues, 10 companies posted gains, 37 registered declines while 44 companies were closed at their last day closing.
Abbot Laboratories gained Rs 12.06, NetSol Technologies was improved by Rs 1.72, while Lalpir Power and Akzo Nobel were up by 84-paisa and 29-paisa, respectively. In the minus column, PSO lost Rs 12.70, PPL was declined by Rs 8.27, Mari Petroleum was depreciated by Rs 7.30, while Engro Foods, MCB Bank, and National Bank were down by Rs 4.51, Rs 4.24 and Rs 3.32, respectively. NIB Bank was the market leader whose 1.223 million shares changed hands followed by Fauji Cement with 1.042 million shares.