Karachi: The KSE-100 index closed significantly higher, marking a positive trading session characterized by increased market participation. The index climbed to an intraday peak of 1,265 points before closing with a gain of 985 points at 171,176. Trading volumes saw a notable increase of approximately 32% from the previous session.

According to AKD Securities Limited, technical indicators reveal a favorable market outlook. The MACD remains in bullish territory, sustaining its position above the signal line after a positive crossover observed four sessions prior. This technical strength suggests continued upward momentum for the index.