Karachi, July 29, 2022 (PPI-OT): View from the desk

KSE100 index remained negative today due to last day of rollover week. The index closed at 40,150 losing 126 points DoD. A total of 170mn shares were traded where UNITY (2.5%), LOTCHEM (-2.5%), CNERGY (-0.8%), TRG (7.5%), and TELE (1.6%) were the volume leaders. We recommend investors to stay cautious at these levels.