FLASHNEWS:

JS Securities Limited – JS Market Wrap (October 20, 2022)

Karachi, October 20, 2022 (PPI-OT): View from the desk

Market participation remained dull throughout the day as the benchmark index closed at 42,137, down 89 points DoD. Traded volume stood at 268mn shares where HASCOL (5.2%), KEL (2.7%), GTECH (-1.2%), GGL (-0.3%) and WTL (-1.9%) were the volume leaders. JS Securities Limited expects trading activity to remain range-bound in the upcoming days and therefore recommend investors to avail the downside to accumulate blue chip stocks.