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

Volumes remained dull for most part of the day hitting a low of 50mn shares by mid-afternoon before rebounding in the final hours of the day lifting the market above 41k points. Investors remained wary opting to hold back until clarity emerges regarding the IMF program. Moving forward, we foresee a weak market in the upcoming sessions and advise investors to remain cautious in their approach.