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

JS Global Capital
  • Another dull session witnessed at PSX on Tuesday as investors preferred to remain mainly on the side lines owing to roll over week and absence of triggers. The benchmark KSE-100 index moved between 162,819 points (+ve 835) and 161,276points(-ve708) throughout the day eventually closing with a minor lossof291pointsat161,692 points. Investors are advised to adopt a ‘Buy on dips’ stance with focus on oil & gas and cement stocks.