Arif Habib Ltd has said corrections are healthy and part of bull markets. The Pakistan Stock Exchange saw trading on both sides and ended in the red. The dip came following approval and receipt of USD 1.2bn from the IMF to take FX reserves up by USD 4.2bn this week. PSX posted a fall of 248 points today.

HCAR PA limit up again (+7.5%) and SEARL PA (+7.5%) following news of entering into a license agreement with Mabwell Pharma, China, to manufacture, register, and market Denosumab Biosimilars drugs in Pakistan

The dip will allow more liquidity to now come into the market, and the upside should resume in the coming sessions

It was asked” Know what you want to buy and use the dip to do so”