Karachi, October 11, 2021 (PPI-OT): View from the desk

The benchmark index took a battering today as it closed with a loss of 648 points at 43,829 level. Major contributors to total volume of 227mn shares were WTL (-11.1%), TELE (-7.5%), TREET (-7.5%), HUMNL (-2.3) and TRG (-6.7). Amid lack of major positive triggers in the market, investors are advised to stay cautious and build exposures across the board on major dips keeping medium term horizon in mind.