FLASHNEWS:

JS Securities Limited – JS Market Wrap (October 13, 2022)

Karachi, October 13, 2022 (PPI-OT): View from the desk

The market remained range-bound, albeit with renewed vigour witnessed in refining and technology sectors. The index closed at 42,086 points after making highs and lows of 42,121 and 41,901 respectively. Total traded volume stood at 222mn shares. Going forward, we expect range-bound activity to continue in coming sessions and recommend investors to avail any downsides as an opportunity to buy in the Cement and Technology sectors.