Karachi, The KSE-100 index soared to a new all-time high, closing at 70,910, up by 620 points from the previous day, as reported by JS Global. Trading volumes increased to 476 million shares compared to 440 million shares previously traded.

According to JS Global, the benchmark index is now approaching a key resistance level at its previous record of 71,092. Surpassing this mark could set the stage for further gains, targeting the 71,260 to 71,520 range, with a potential extension to 72,245. On the downside, support is found between 70,400 and 70,690. A dip below this range could trigger a corrective pullback. With mixed market indicators, the current trading landscape shows no clear direction. Investors are advised to 'Buy on dips', with a risk management threshold set below 70,187. Support and resistance levels are pegged at 70,408 and 71,190, respectively.