FLASHNEWS:

KSE-100 Index Reaches Historic High Amid Volatile Trading

Karachi: The KSE-100 Index closed at a historic high on Tuesday, despite experiencing significant volatility throughout the trading session. The benchmark index rose by 1,479 points to close at 189,167, after fluctuating between an intraday high of 1,878 points and a low of 1,051 points.

According to AKD Securities Limited, the trading session began on a positive note but saw a decrease in market participation, with trading volumes dropping 12% compared to the previous session. The Moving Average Convergence Divergence (MACD) indicator continues to show a bullish trend, remaining above its signal line for the fourth consecutive session.