Karachi: The KSE-100 Index concluded a robust trading session at an all-time closing high of 82,248 points, reflecting a gain of 764 points. The session opened with strong momentum, pushing the index up by as much as 848 points before settling slightly lower at the close. This performance marks a significant milestone in the index’s trajectory, indicating sustained investor confidence.

According to AKD Securities Limited, the trading volume during the day showed a modest increase of 4% compared to the previous session, suggesting growing investor participation. The KSE-100 is now positioned 15.8% above its 200-period moving average, underlining a persistent upward trend. Current volume and trend indicators suggest a mild influx of capital into the market, with trend forecasting oscillators also signaling bullish conditions.

Technical analysis reveals potential resistance near the 82,500 point mark, with further possible highs around 83,000 and 83,500 points. Conversely, support is anticipated near 81,800 points, with risks of declines to 81,500 and 81,100 points if this threshold is breached. AKD Securities recommends initiating buy positions while defining risks below the support zone.

In stock-specific movements, OGDC, KOSM, FCCL, PAEL, and DFML were among the recommended buys, each with specified target and stop-loss levels, suggesting expected upward movements. Conversely, stocks like ISL, EPCL, ANL, ATRL, and ASL were noted for potential sell positions, each with detailed trading ranges and targets to guide investor decisions.