KSE 100 Index recovered to just -13.64 points at 33,944.48 after having dropped to a low of 33,687.98 or -270.14 points in early trade.  Index moved in a range of 281.70 points touching a high of 33,969.68 (11.56) points. Volume traded was 75m shares with TRG Pak most traded at 6.8m shares followed by Sui South at 5.9m and Descon Oxychem(R) at 5.8m shares. Total traded scrips were 258 with 120 up, 128 down and 11 unchanged.

PKR started trade at 105.50/54 before appreciating slightly to 105.44/47 before receding back to 105.48/50.

Money Market ON Rate was 6.00/6.40 and 6M KIBOR was set at 6.16/6.41.

SBP will conduct a T-Bill auction today, with the pre-auction target being Rs.250Bn.