Karachi: The KSE-100 Index experienced significant volatility, closing the day 1,114 points lower at 181,456, as market participation significantly decreased. Trading volumes fell by 37% compared to the previous session, reflecting subdued investor activity. The index, which briefly rose by 1,148 points before dropping 1,786 points, remains below its 10-day simple moving average.

According to AKD Securities Limited, the KSE-100 Index closed 34.9% below the upper Bollinger Band, with the bands themselves 78.79% wider than normal, indicating heightened volatility. Immediate support for the index is seen at 180,600, with potential declines to 179,800 and 178,800 if breached. Conversely, resistance levels are identified at 182,100, 183,000, and 183,800. Investors are advised to consider accumulating positions during periods of weakness, with risks managed below the support zone.