<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The KSE-100 index extended its decline, closing at 113,252 level, down 533 points DoD.
Volumes reached 472mn shares, surpassing the previous session's 397mn shares. The
index has fallen below its 50-DMA and is likely to re-test support at 113,159 (30-DMA). A
breach below this level may resume the downtrend, targeting 111,513 initially. Conversely,
any upside will encounter resistance between 113,570-114,270. The RSI and Stochastic
Oscillator indicate weakness, warranting caution. We advise investors to exercise caution
near higher levels and await buying opportunities on dips. The support and resistance
levels are 112,880 and 113,945, respectively.</span></li></ul>
