JS Securities Limited - JS Market Wrap (July 28, 2022)

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

July 28, 2022

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

KSE100 index remained positive today due to a technical rebound and anticipation of lower CAD numbers. The index closed at 40,277, gaining 304 points DoD. A total of 251mn shares were traded where WTL (-2.5%), TPLP (4.0%), LOTCHEM (6.1%), TRG (6.1%) and CNERGY (0.6%) were the volume leaders. We recommend investors to stay cautious at these levels.