Stock Analyst, M.M Hassan told APP that the selected buying in the market caused the market to be range-bound.

He said that the increase in the volume of index showed the major positions taken by investors in the selected sectors.

"Low-priced stocks has performed better than other scrips of the high-priced in the markets", he added.

Total volume of shares traded was 120,697, which was up by 36,643 as compared to a day earlier's closing.

The price top gainer Millat Tractors was increased by Rs.5.19 while the price of top loser Fazal Textile decreased by Rs.12.00.

Fauji Cement Company, Byco Petroleum and Arif Habib Corporation remained volume leaders on Thursday, with volume of 80,802, 11,000 and 10,000 shares respectively.