JS Securities Limited - JS Market Wrap (October 15, 2021)

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

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JS Securities Limited – JS Market Wrap (October 15, 2021)

October 15, 2021

Karachi, October 15, 2021 (PPI-OT): View from the desk

The KSE100 index had a consecutive second positive session today and as it close at 44,821 level, a gain of 488 points. SERF (7.0%), UNITY (6.3%), WTL (-1.6%), TREET (-7.3) and BYCO (2.9%) were major contributors to total traded volume of 334mn shares. The market sustaining its bullish momentum is a healthy sign. Going forward, the market can continue its upward journey. Investors are therefore advised to view any dips as buying opportunities across all sectors.