Karachi, March 30, 2022 (PPI-OT): View from the desk

A rollercoaster ride was seen in today’s trading session due to the rising political temperature in the country, where the index made an intraday high and low of 44,445 (+6 points) and 43,976 (-463 points), respectively to close at the level of 44,338 (-101 points DoD). Total volume traded for the day was recorded at 344 shares where KEL (0.0%), GGL (+2.1%), WTL (+1.8%), PAELR3 (-16.2%) and TREET (+0.8%) were the top contributors. Going forward, we recommend investors to remain cautious at current levels and wait for any fresh buying.