JS Securities Limited – JS Market Wrap (October 04, 2022)
Karachi, October 04, 2022 (PPI-OT): View from the desk
Bourse started on a positive note and closed at 41,350, gaining 139 points DoD. Traded volume stood at 593mn shares where WTL (47%), FLYNG (14%), KEL (1.0%), GTECH (12%) and TPLP (0.9%) were the highest contributors to volume. WTL was the volume leader on back of its material information. Going forward, we recommend investors to adopt a buy-on-dips strategy in Banking, Fertilizers and Cement sectors.