Market and Index Review – RSL Securities Limited
Karachi : On Friday the last day of the week market opened in a positive and upside direction. Market sustained the level of 11,750 points and the highest level of the market was at 11,775.23 points.
According to RSL Securities, after some time market showed a downward side trend and market went into the negative side. The first support for the market was near the level of 11,700 points and after that traded near 11,675 points. Near the end of the session market witnessed another depressing move and it showed closing at the level of 11,648.14 points. Volumes were very low at 28.176 million shares.
Today market looks to continue the downward side trend. The support should be near the level of 11,550 points.