Karachi: The KSE-100 index encountered significant volatility during the latest trading session, opening on a negative note and swinging between an intraday high of 665 points and a low of 1,374 points. The market ultimately closed 1,145 points lower at 169,497, with trading volumes decreasing by approximately 20% compared to the previous session.

According to AKD Securities Limited, the KSE-100 index ended the day 32.8% below the upper Bollinger Band, with the bands currently 101.76% wider than normal. This suggests an elevated level of volatility compared to the index's typical trading range. The expanded band width indicates a higher likelihood of volatility subsiding and prices entering a consolidation phase in the near future.