Karachi: The KSE-100 index experienced a robust trading session, escalating by 960 points to close at 119,931, according to a press release from AKD Securities Limited. The increase marks a significant intraday peak of 1,135 points, reflecting a bullish trend that has sustained over the past three sessions.

Trading volumes surged by 160% compared to the previous session, signaling heightened investor activity. The index is currently trading 17.7% above its 200-period moving average, reinforcing the ongoing uptrend.

Volatility remains high relative to the 10-session average, with volume indicators showing a balance between inflows and outflows. The technical analysis indicates immediate support at 119,600, with potential declines to 118,800 and 118,400 if breached. Resistance is anticipated at 120,500, with further targets at 121,300 and 121,800.

Market analysts recommend accumulating positions while defining risks below the support zone, as trend forecasting tools continue to display bullish signals.