Karachi: The KSE-100 Index showed a strong performance in the latest trading session, advancing by 515 points to close at 139,207, despite a significant decline in trading volumes. The index demonstrated bullish momentum throughout the session, reaching an intraday high of 744 points.

The recent performance of the KSE-100 Index is notable, as it has gained 11.92% since a bullish crossover in the MACD occurred 20 periods ago. This positive trend has seen the index fluctuate between 122,223 and 140,585.

However, the session was marked by a sharp 30% drop in trading volumes compared to the previous day. Despite this decline, the bullish momentum continued, with the MACD indicator remaining in bullish territory above its signal line.

Market analysts are closely monitoring the KSE-100 Index as it approaches recent highs, evaluating whether the bullish trend can sustain amidst fluctuating trading volumes. The upcoming sessions will be critical in determining the market's direction.