Pakistan Market Wrap: View from the Desk – By JS Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The session opened on a strong note, with early optimism lifting the index higher. However, the market was unable to sustain upper levels and slipped into negative territory. Volatility persisted as profit-taking pressure emerged after recent rallies. A significant drag came from commercial banks, which weighed heavily on the index. Total traded volume stood at 1,666mn shares, with top activity in KEL, CNERGY, BOP, WTL and PTC. We advise investors to adopt a cautious stance, focusing on risk management and selective accumulation.</span></li></ul>