Karachi: The KSE-100 index continued its upward trajectory, closing with a robust gain of 1,205 points at 133,782, as reported by AKD Securities Limited. This marks a significant intraday peak of 1,325 points, reinforcing the bullish momentum observed throughout the trading session.

The trading volume experienced a substantial increase, jumping 102% compared to the previous session, signaling heightened investor activity. The index is now trading 22.4% above its 200-period moving average, underscoring the prevailing upward trend in the market.

Despite the elevated volatility compared to the previous 10 periods, volume indicators point to a mild bullish inflow. Trend forecasting tools have consistently indicated a bullish outlook over the past 36 trading sessions.

However, the Relative Strength Index (RSI) highlights that the index is currently in overbought territory, suggesting potential caution for investors moving forward. As the market continues to show signs of strength, stakeholders are advised to stay informed of the dynamic trading environment.