FLASHNEWS:

JS Securities Limited – JS Market Wrap (September 14, 2022)

Karachi, September 14, 2022 (PPI-OT): View from the desk

Bulls and bears battled throughout the day with the index eventually closing in at 42,012, a 10 point DoD gain. Total traded volume was 157mn shares where TRG (+5.6%), KEL (-1.6%), HUBC (+3.0%), CNERGY (-0.4%) and HASCOL (-3.5%) were the volume leaders. Going forward, we recommend investors to adopt a buy-on-dips strategy in the Banking, Steel and Textile sectors.