Karachi: The KSE-100 index experienced significant fluctuations during the trading session, opening on a positive note but closing 2,476 points lower at 178,923. Trading volumes increased by approximately 3% compared to the previous session, indicating improved market participation.

According to AKD Securities Limited, the index remains 6.9% above its 200-period moving average, suggesting a sustained uptrend. Despite the heightened volatility, volume-based indicators pointed to moderate buying interest, reflecting mildly bullish money flows into the KSE-100. Trend forecasting oscillators have maintained a bullish outlook for four consecutive periods.

Technical analysis identified immediate support at 177,800, with potential declines to 177,200 and 176,400 if breached. Resistance levels are anticipated at 180,400, followed by 182,000 and 183,500. It is advised to accumulate positions with risk defined below the support zone.