JS Securities Limited - JS Market Wrap (May 06, 2022)

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JS Securities Limited – JS Market Wrap (May 06, 2022)

May 6, 2022

Karachi, May 06, 2022 (PPI-OT): View from the desk

Downtrend trend continued today as benchmark index closed at 44,841, down 409 points compared to the previous trading session. Traded volume stood at 189mn shares where SMBL (9.2%), UNITY (2.9%), CNERGY (-3.8%), PRL (-6.0%) and PAEL (-1.6%) were the volume leaders. Going forward, we recommend investors to adopt a cautious approach.