FLASHNEWS:

KSE-100 Index Climbs to New Heights, Anticipates Resistance Near 86,500

Karachi: The KSE-100 index closed significantly higher at 86,206, marking an increase of 365 points. The session recorded trading volumes of 474 million shares, up from 422 million in the previous session.

According to JS Global, the KSE-100 index is poised for further challenges as it approaches resistance levels between 86,450 and 86,520. A breakthrough above these points could set the stage for the index to reach a target of 86,937. Conversely, support is established within the 85,650 to 85,950 range. Should the index fall below these thresholds, a corrective downward trend is likely to occur. Investors are advised to remain vigilant and consider opportunities on price dips, with current key support at 85,931 and resistance at 86,497.