Karachi: The KSE-100 index witnessed range-bound activity during the latest trading session, with the market closing 454 points lower at 165,966. Trading volumes declined by approximately 18% compared to the previous session, indicating weakened market participation. The index experienced an intraday high of 501 points and a low of 453 points.

According to AKD Securities Limited, the KSE-100 is trading 3.6% below its 200-period moving average, suggesting a bearish trend remains in effect. Volatility levels are lower than the 10-period average, hinting at potential future volatility coupled with sharp price changes. Volume indicators pointed to a balanced flow of funds, reflecting neutral market sentiment.