<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The KSE-100 index witnessed a volatile session to close at 118,537, down 39 points DoD.
Volumes stood at 609mn shares compared to 684mn shares traded in the prior session.
The index is likely to face resistance within 119,460-120,070 range as a break above that
may target the all-time high at 120,797. Meanwhile, any downside will find support at the
50-DMA which is currently at 115,218. The Stochastic Oscillator has improved, while the
RSI has shown weakness, signaling no clear trading view. We advise investors to stay
cautious on the higher side and wait for dips. The support and resistance levels are at
117,970 and 119,282, respectively.</span>
</li></ul>
