Islamabad: The Pakistan Stock Exchange's benchmark KSE-100 index reached a new all-time high on Monday, closing above the 147,000 level despite experiencing significant price fluctuations throughout the trading day.

The KSE-100 began the session with a strong upward movement, peaking at an intraday high of 1,047 points. However, it later retreated, recording a low of 35 points before recovering to finish with a gain of 76 points at 147,005.

Trading activity saw an 11% increase in volume compared to the previous session. Technical indicators suggest a potential market overheating. The Relative Strength Index (RSI) currently sits at 82.41, signaling overbought conditions.

Meanwhile, the Parabolic Stop and Reverse (SAR) indicator continues to trail below the index, suggesting a possible upward trend continuation. The Moving Average Convergence Divergence (MACD) remains positive, having crossed above its signal line four trading sessions prior.