The Pakistan equity market remained positive during today’s session, however, the key index remained range bounded due to lack of triggers. KSE 100 commenced the day with an uptick of 11.41 pts, as the index maintained its momentum during today’s trading session. The intraday trading saw a high of 47,468.14 and a low of 47,136.53, as the index closed at 47,365.70. Towards the end of the trading session we saw investor show interest towards trading refinery stocks, on the back of refinery policy being announced. The volume leaders for today were BYCO(43mln), GGL(30mln), WTL(27mln), YOUW(26mln) and TELE(18mln). The all shares volume stood at 383mln(0.12% DOD), the lackluster volumes depicting investor caution towards trading. We anticipate volumes to remain the same before any dominant trend emerges