Daily Sentiment Analyzer - 21st July 2022

Pakistan Stock Exchange (PSX) on the fourth trading day of this week, resumed its bearish trend and plunged another -627.95 points to break the psychological level of 40,000. The benchmark KSE100 Index closed at 39,381.75 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 12% are under the short-term bullish sentiment and 88% of stocks are under a short-term bearish sentiment.

Meanwhile, 14% of stocks are operating under a long-term bullish sentiment and 86% of stocks are operating under a long-term bearish sentiment.

 

Across the board, investors stayed sideline and avoided buying positions. Participations also remained dismal and overall 158 million shares traded in KSE All Share Index today, where WTL,TPLP,UNITY and CNERGY remained among the top Volume leaders.

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