Karachi, October 13, 2021 (PPI-OT): View from the desk
Benchmark index witnessed another blood bath session today amid political noise. Major contribution to the total market volume of 355mn shares came from HASCOL (-16.2%), WTL (-6.8%), TELE (-7.0%), GGL (-3.9%) and TRG (-7.1%). EFERT announced its 3QCY21 result today with a cash dividend of Rs3.50/share and EPS of Rs3.30. Looking forward, investors are advised to stay cautious and build portfolio only on major dips across the board keeping medium term horizon in mind.