Karachi: The Pakistan Stock Exchange (PSX) saw a downturn in its indices, with the KSE-100 index declining by 1.13% and the KSE-30 by 1.25%, as per recent trading data. The market capitalization also faced a decrease of 0.48% in rupee terms. Despite the overall decline, specific stocks such as Adamjee Insurance Company Limited (AICL) and Murree Brewery Company Limited (MUREB) recorded notable gains.
According to JS Global, the KSE-100 index fell by 1,331.85 points, ending at 116,255.13, while the KSE-30 index experienced a drop of 461.69 points, settling at 36,603.36. The market capitalization of the PSX stood at Rs 14,562.74 billion, or approximately $52.36 billion, reflecting a slight decrease from previous levels. The year-to-date performance remains positive, with the KSE-100 and KSE-30 showing gains of 0.98% and 1.16%, respectively.
Adamjee Insurance Company Limited led the gainers, witnessing a 10% increase in its stock price, closing at Rs 52.35. Murree Brewery Company Limited followed with an 8.77% rise, closing at Rs 782.55. On the other hand, Pakistan Stock Exchange Limited saw a significant decline, with its stock dropping by 10.01% to Rs 33.17.
The total trading volume for the day amounted to approximately 819.81 million shares, with a total market value of Rs 38.33 billion, equivalent to $137.79 million. Meanwhile, the regional markets showed varied results, with Korea's KOSPI index increasing by 1.9% and Taiwan's TWII index rising by 2.8%, contrasting with declines in China, India, and other regional markets.
Market participants remain cautious, monitoring both domestic and international economic indicators that may influence future trading sessions.