Karachi: The KSE-100 index demonstrated a robust performance as it closed above the 100-Simple Moving Average (SMA), reflecting a day of strong bullish momentum. The index reached an intraday peak of 7,346 points before closing 6,962 points higher at 171,705. The trading volumes surged by approximately 168% compared to the previous session, marking a notable increase in market activity.

According to AKD Securities Limited, the session began positively and maintained its upward trajectory throughout the day. The formation of a large bullish candle indicated substantial buying interest, with the index closing significantly above its opening level. This performance underscores growing investor confidence and a favorable market outlook.