If there are 10 people willing to invest in the market today, at least four of them will eye mutual funds, said Sabir.

The benchmark KSE-100 share index rose 1.8 per cent in the short four-day trading week.

Stocks fell with resistance above 10,000 points as investors awaited the outcome of SECP review.

Stocks surged on Tuesday to close above the 10,000-point psychological mark.

For Eid, the company organised a mela for the 1,500 people,mostly from Sujawal, who are staying at a camp in Thatta.

The textile company’s net profit surged 129 per cent to Rs2.9 billion from last year’s Rs1.27 billion.

The stock market moved up a gear on Wednesday as equities climbed on the back of participation.

The stock market shot up 297 points, the highest gain recorded in ten weeks.

Lotte Pakistan PTA net profit surged 80 per cent to Rs2.18 billion in the first half of the current year.

Rampant smuggling of tea under the Afghan Transit Trade (ATT) has impacted the first half of 2010 earnings.