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JS Securities Limited – JS Market Wrap (06-10-2021)

Karachi, October 06, 2021 (PPI-OT): View from the desk

The KSE100 index made an intraday high of 44,795 points in the initial hours but could not sustain momentum and slid to close negative at a level of 44,373. Increasing commodity prices amid supply concerns dampened market sentiments. Major volume contributors of the session were UNITY (0.3%), TELE (-6.8%), WTL (-4.9%), TREET (-5.1%) and BYCO (-3.2%). The market is expected to remain volatile in the coming sessions and valued buying across the board with a medium-term outlook is advised.

js-securities-limited-js-market-wrap-06-10-2021

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