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

PSX witnessed dull activity today as investors preferred to stay on the sideline. Traded volume stood at 239mn shares with UNITYR3, WTL, CNERGY, DSL and UNITY being the highest contributors. Major laggards in terms of index points contribution today were HUBC, LUCK, UNITY, AVN and TRG. Going forward, we recommend investors to avail any downside as an opportunity to buy in Technology, Fertilizer, Oil and Gas Exploration and cyclical sector stocks.