FLASHNEWS:

JS Securities Limited – JS Market Wrap (September 28, 2022)

Karachi, September 28, 2022 (PPI-OT): View from the desk

KSE100 Index started off on a positive note but could not sustain selling pressure and lost 83 points to close the day at the 41,435 level. Traded volume stood at 221mn shares where TPLP (+1.5%), CNERGY (-0.2%), KEL (+0.3%), GGL (0.0%) and PRL (+0.1%) were the highest contributors. Market is expected to remain range-bound in the coming days, we hence recommend investors to stay cautious on the higher side and wait for dips for any fresh buying.