Karachi: The KSE-100 index experienced significant volatility in its latest trading session, opening positively but swinging between a high of 273 points and a low of 133 points before closing with a gain of 151 points at 79,992. This pattern suggests ongoing market uncertainty, with traders showing caution amid fluctuating indicators.

According to AKD Securities Limited, the index displayed a bearish MACD indicator, which crossed below its signal line during the session, signaling potential future consolidation. The technical outlook suggests that the KSE-100 may find initial support around 79,700 points, with further downside potentially leading to levels near 79,500 and 79,100 points. Conversely, resistance is likely at 80,400 points, with a break above possibly pushing towards 80,700 and then 81,100 points. Investors are recommended to trade cautiously, keeping an eye on these critical support and resistance levels.