Karachi: The KSE-100 index concluded a session marked by limited fluctuations, closing at 176,967 points, reflecting a decline of 200 points. Trading volumes increased to 934 million shares, up from the previous 689 million shares. The index is projected to encounter resistance between the 177,380 and 178,590 levels, with a breakthrough potentially resuming an upward trend towards 179,965 points. Conversely, support is anticipated within the 175,880 to 176,740 range, with any breach targeting 174,416 points. Current momentum indicators are mixed, prompting investors to exercise caution on higher levels and await market dips.

According to JS Global, specific stock strategies include 'buy on dips' recommendations for OGDC, targeting Rs335.00 and Rs342.48 with a stoploss at Rs327.00, and for DGKC, targeting Rs221.55 and Rs226.34 with a stoploss at Rs214.97. These strategies suggest a careful approach amidst fluctuating market conditions.