<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">After making a high of 159,338, the KSE-100 index slid to
close at the 158,037 level, up 84 points DoD. Total volume stood at 2,048mn
shares, compared to 1,959mn shares traded previously. The index is expected to
face resistance between 158,300 and 159,340. A break above this range could
target 159,953 and 161,274. On the downside, support is seen between 157,260
and 157,530. The RSI and the Stochastic Oscillator are trending upwards,
supporting a positive outlook. We recommend investors to 'Buy on dips', with
risk defined below 156,978. The support and resistance are at 157,260 and
159,075, respectively.</span></li></ul>
