LAHORE  -  Pakistan Stock Exchange closed on a positive note after a range-bound session of trading, with the KSE 100-index gaining 40 points to settle at 41,649 points (up 0.1 percent).

Cements was in the lead as DGKC (+0.9 percent), and FCCL (+0.6 percent) closed in the green, but LUCK (-1.9 percent) closed in the red. On the flip side, commercial banks, E&Ps and power sector were the major dampeners of the index where PPL (-0.9 percent), OGDC (-0.04 percent), MCB (-0.3 percent), UBL (-1.0 percent), POL (-0.2 percent) LUCK (-1.9 percent) and HUBC (-0.7 percent) closed in the negative zone. Average daily traded value stood at $85 million, down 9 percent and volumes stood at 285 million, down 13 percent. Furthermore, major contribution to total market volume came from PIBTL (+8.8 percent), KEL (+1.0 percent) and STCL (+4.8 percent). Moving forward, experts expect investor sentiment to remain positive and recommend investors to wait for further developments on the economic front.