Karachi: The KSE-100 index continued its downward trajectory, losing 178 points on a day-on-day basis, closing at 81,114. Trading volumes dropped to 298 million shares, down from 339 million in the previous session, as investor sentiment remained cautious.

According to JS Global, the index is expected to find support between 80,530 and 80,930 points. A fall below this range could push the market down further to 80,231 and 79,504 points. On the upside, resistance is likely between 81,320 and 81,510 points, with a break above potentially signaling a resumption of the uptrend. The RSI and MACD indicators are also pointing towards caution at current levels. Key support and resistance levels are at 80,537 and 81,506 points, respectively.