<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The KSE-100 index posted a gain of 1,705 points, closing at
an all-time high of 148,196. Trading volumes stood at 610mn shares, compared to
474mn shares traded previously. We believe a break above 148,396 would sustain
the upward momentum, with potential targets at 149,593 and later at 151,859. On
the downside, support is expected between the 146,930 and 147,670 levels. Both
the RSI and MACD have moved higher, supporting a bullish outlook. We recommend
investors to 'Buy on dips', with a stop-loss placed below 146,404. The support
and resistance levels are at 146,935 and 148,927, respectively.</span></li></ul>
