Karachi: The KSE-100 Index showed positive momentum, closing at 115,272 points with a gain of 1,435 points. Trading volumes increased by 20% from the previous session despite lower volatility than the average over the last 10 periods.

According to a statement by AKD Securities Limited, the index's movement ranged from a low of 265 points to a high of 1,519 points. Volume indicators remained neutral, indicating balanced inflows and outflows, while the Relative Strength Index (RSI) was recorded at 58.98.

Technical analysis revealed key support near 114,700, with potential declines to 114,200 and 113,800 if this level is breached. Resistance levels are anticipated at 115,500, with further targets at 116,000 and 116,800. Market participants are advised to trade cautiously and consider accumulating positions within defined risk parameters below the supportive zone.