JS Securities Limited - JS Market Wrap (July 21, 2022)

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JS Securities Limited – JS Market Wrap (July 21, 2022)

July 21, 2022

Karachi, July 21, 2022 (PPI-OT): View from the desk

KSE100 index witnessed a negative session today closing at 39,831, losing 628 points DoD. A total of 158mn shares were traded throughout the day where WTL (-4.7%), TPLP (-7.5%), CNERGY (-2.6%), UNITY (-7.5%) and PRL (-6.0%) were the major contributors. Going forward, we recommend investors to stay cautious and avail the current downside as a buying opportunity in blue chip stocks.