Karachi: The KSE-100 index of Pakistan's stock market saw a significant rise, closing at 189,167, an increase of 1,479 points. Trading volumes reached 878 million shares, showing a decrease from the previous 1,069 million shares. The index faces potential resistance at 189,567, with further targets at 190,699 and 192,426, while support levels are between 187,350 and 188,460.

According to JS Global, a break above the resistance level could result in further gains, but a fall below the support range may lead to a corrective trend. Technical indicators such as the RSI and MACD support a positive outlook. The firm suggests investors 'Buy on dips,' with a stoploss set below 186,638. The support and resistance levels are pinpointed at 187,347 and 190,276, respectively.