Karachi, October 29, 2021 (PPI-OT): View from the desk

KSE100 finally breached the psychological level of 46,000 and closed at 46,185 points. The market opened positive and hit an intraday high of 46,292 points. Major investor interest was seen in the Cement sector. Traded volume stood at 270mn shares with HUMNL (1.4%), ANL (-1.8%), WTL (1.3%), BOP (2.1%), and TRG (-5.7%) being the highest contributors to volume. Going forward, we recommend investors to accumulate bluechip stocks on dips.