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JS Securities Limited – JS Market Wrap (April 12, 2022)

Karachi, April 12, 2022 (PPI-OT): View from the desk

Bourse witnessed another positive session today with KSE100 finally closing at 46,407, gaining 262 points DoD. Total traded volume stood at 493mn shares where WTL (-2.8%), TELE (4.5%), FLYNG (-8.6%), CNERGY (0.7%), UNITY (5.3%) and GGL (7.4%) were among the volume leaders. Major contributors to the index were TRG, MEBL, MLCF, AVN, UNITY and CHCC. Going forward, investors are advised to book profits as market approaches the 47,000 level.