Market and Index Review – RSL Securities Limited

Karachi, August 02, 2012 (PPI-OT): On Wednesday market opened in a mixed and consolidated trend.

According to RSL Securities Limited, market touched its lowest level of 14,555.92 points in the early session. After that market remained stagnant near the level of 14,590 points. By the mid of the session market showed some strength and sustained the level of 14,600 points. By the end of the session market showed an upward side trend and made its high at 14,731.45 points. Market closed at the historical level of 14,716.86 points. Volumes in the market were 104.646 million shares.

Today market looks to have a positive and upside trend. The resistance should be near the level of 14,800 points.