FLASHNEWS:

KSE-100 Achieves Record Closing as Trading Volumes Surge

Karachi: The KSE-100 index reached an unprecedented closing level, recording a significant rise of 1,571 points to conclude at 172,401. This historic high was marked by an intraday peak of 1,753 points as the index maintained a bullish momentum throughout the trading session.

Market participation showed a notable increase, with trading volumes up by 8% from the previous session, signaling enhanced investor interest. The technical analysis suggests immediate support at 171,500, with potential declines possibly extending to 170,700 and 170,100 if breached.

Resistance levels are anticipated at 172,500, 172,900, and 173,500. Analysts recommend accumulating positions on market weakness, with risk management advised below the support zone.