Karachi: The market index closed Thursday's trading session with a gain of 515 points, settling at 122,762. The session opened with an upward gap, experiencing volatility throughout the day. The index reached an intraday high of 1,010 points and a low of 78 points.

Despite the day's gain, trading activity showed a decline, with volumes down 31% from the previous session. The index closed 26.0% below the upper Bollinger Band, and the bands are currently 13.06% tighter than usual, suggesting a period of reduced volatility.

In recent trading patterns, the market has seen three positive closings against seven negative ones over the past ten sessions, indicating a net negative trend. However, the Relative Strength Index (RSI) is at 57.32, above the neutral level, hinting at moderately bullish momentum.

The data was released by AKD Securities Limited, offering a snapshot of current market conditions and potential future movements.