<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The KSE-100 index witnessed range bound activity to close at
157,945, up 390 points DoD. Volumes stood at 1,522mn shares versus 1,666mn
shares traded in the previous session. The index is expected to test support in
the range of 157,245 and 157,420 levels as a fall below, will initiate a
corrective trend with 156,261 and 154,360 as the corrective target. However,
any upside will face resistance between 158,710 and 159,480 levels,
respectively. The indicators are mixed, signaling no clear trading view. We recommend
investors to stay cautious on the higher side and wait for dips. The support
and resistance are at 157,297 and 158,712, respectively.</span></li></ul>
