KARACHI: The Pakistan Stock Exchange (PSX) experienced a marginal increased in trading activity today.
The Pakistan Stock Exchange (PSX) benchmark KSE-100 index opened on a positive note and remained volatile throughout the last trading session, The local bourse posted a high of 526 points and low of 248 points and concluded with a loss of 205 points to settle at 78,283 points.
The recent data depicts that the index may find initial support near 78,200. A break below-mentioned support can result in further weakness towards the 77,800 and 77,500 points level, according to AKD Research. Alternatively, the index can face resistance near 78,800 points initially and then head towards 79,100 and 79,400 areas. It is recommended to initiate buying positions near the support zone with risk defined below it.
