JS Securities Limited - JS Market Wrap (July 26, 2022)

FLASHNEWS:

DHA Quetta launches relief initiative for Sector A6 residents

Exchange Rates Fluctuate Marginally in Karachi

GIS Mapping for Lahore Revamping Programme Set to Complete This Week

Zindigi, Sindh Govt, Mastercard, and People Bus Service Introduce First Open Loop Transit Solution in Karachi

KSE100 Index Sees Notable Gains as Market Optimism Grows

Brokerage

JS Securities Limited – JS Market Wrap (July 26, 2022)

July 26, 2022

Karachi, July 26, 2022 (PPI-OT): View from the desk

KSE-100 index witnessed a volatile session today and closed at 39,844, losing 233 points DoD. A total of 132mn shares were traded where TPLP (2.0%), CNERGY (-2.0%), LOTCHEM (4.7%), WTL (0%) and PRL (1.2%). Going forward, development on the political and economic front will set the direction for market. We recommend investors to stay cautious at current levels.