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JS Securities Limited – JS Market Wrap (November 18, 2021)

Karachi, November 18, 2021 (PPI-OT): View from the desk

Market started the day in the negative zone with lackluster volumes as participants chose to await MPS announcement that is scheduled for tomorrow, start of the rollover week and lack of clarity on the IMF program. KSE-100 index closed at 46,110, down by 84 points, while it touched an intraday low of 45,728 during the trading session. Key triggers are awaited for the index to choose a direction.