Karachi: The KSE-100 index demonstrated strong performance as it maintained its upward momentum throughout the trading session, according to a report from AKD Securities Limited. The index experienced an impressive intraday high of 2,848 points, closing with a substantial gain of 2,572 points at a level of 128,199.

Trading volumes showed a significant increase, rising by 30% compared to the previous session, reflecting heightened market activity. This surge comes as the Moving Average Convergence Divergence (MACD) indicator continues to signal bullish territory, remaining above its signal line since crossing it two sessions ago.

Since the MACD crossover, the index has seen an increase of 3.07%, fluctuating within a range from a low of 122,223 to a high of 128,476, as per the report. The market's sustained bullish trend is being closely watched by investors and analysts.