JS Securities Limited - JS Market Wrap (March 29, 2022)

FLASHNEWS:

LDA Plans Upgrades for Lahore’s Katchi Abadis to Enhance Living Conditions

LDA to Auction Prime Commercial Plots in Lahore’s Finance and Trade Central

DHA Quetta to Hold Sector A6 Ballot on May 18, Offers Instalment Relief

Karachi Administration Orders Evacuation of Decaying Buildings for Public Safety

Faisalabad Electric Supply Company Promotes 18 Junior Engineers to Senior Positions

Brokerage

JS Securities Limited – JS Market Wrap (March 29, 2022)

March 29, 2022

Karachi, March 29, 2022 (PPI-OT): View from the desk

Bulls remained in charge throughout the day as benchmark index closed at 44,439, gaining 505 points DoD. Traded volume stood at 269mn shares where WTL (8.3%), GGL (7.0%), KEL (3.0%), TPLP (4.4%) and CNERGY (1.3%) were the highest contributors. Going forward, we recommend investors to avail any downside as an opportunity to buy in the Tech and Cement sectors.