FLASHNEWS:

JS Securities Limited – JS Market Wrap (September 06, 2022)

Karachi, September 06, 2022 (PPI-OT): View from the desk

The bourse witnessed range bound activity today where the KSE100 index moved in a range of 243 points touching a high of 41,927 and a low of 41,684 points. Traded volume stood at 187mn shares with HASCOL (8.4%), PIAA (14%), FFL (3.0%), CNERGY (0.4%) and PRL (0.1%) among the top volume leaders. Moving forward, we expect the range bound activity to continue in the upcoming sessions where we recommend investors to avail any downside as an opportunity to buy in Cement and Textile sectors.