Daily Sentiment Analyzer - 18th July 2022

Pakistan Stock Exchange on the first trading day of this week depicted bearish momentum due to recently aggravated political instability in the country and plummeted by -707.80 points, to close the KSE100 Index at 41,367.11 levels.
The sentiment indicator depicts bullish and bearish sentiment in the Pakistan Stock Exchange (PSX), where the KSE100 Index currently operates under a Strong Sell sentiment, where 23% are under the short-term bullish sentiment and 77% of stocks are under a short-term bearish sentiment.
Meanwhile, 16% of stocks are operating under a long-term bullish sentiment and 84% of stocks are operating under a long-term bearish sentiment.
On the fixed income front, OMO that was performed today, the State Bank of Pakistan scooped up Rs533 billion from the money market for 4 days at a rate of 14.9 %. Across the board selling witnessed in equity markets and overall 151 million shares traded in KSE All Share Index today, where WTL,KEL,TPLP and PRL remained among the top Volume leaders.
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