Volume of shares traded was only 14.2 million. Indices almost remained unchanged. Asia Securities said the market continued its subdued momentum recording a four-month low in turnover.
The ASPI touched a high of 10,730 (+41 points) in early trading before dropping to 10,650 (-40 points). Eventually, the index settled marginally lower at 10,688 (-2 points). Notably, LIOC (+6.3%) closed markedly higher during the session. Overall, 73 stocks closed in green while 88 settled with losses.
Foreigners recorded a net inflow of Rs. 25 million. Net foreign buying topped in JKH at Rs. 31 million and selling topped in VONE at Rs. 5.8 million.First Capital said the market adopted a cautious stance, with investors adopting a wait and see approach in anticipation of the upcoming budget