JS Securities Limited – JS Market Wrap (July 01, 2022)
Karachi, July 01, 2022 (PPI-OT): View from the desk
KSE-100 index closed at 41,630 gaining 89 points DoD. Traded volume stood at 154mn shares where AGL (1.7%), ANL (5.1%), GTECH (2.4%), TPLP (0.2%) and HUMNL (-4.2%) were the major contributors. Going forward, we recommend to adopt a buy-on-dip strategy in the Banking and E and P sectors.