Karachi: The KSE-100 Index experienced a significant decline, losing 2,541 points to close at 167,971, with 568 million shares traded. The trading activity was primarily concentrated in the refinery, technology, and cable sectors, while PSEL, ATRL, and NESTLE saw the most substantial price gains. Conversely, IBFL, AICL, and ISL were the top decliners.

According to Taurus Securities Limited, the market downturn was notable amidst a busy trading day, reflecting shifts in investor sentiment across key sectors. Despite the losses, the trading volume indicated robust activity, with specific focus areas showing resilience. The press release highlighted the competitive performances of various companies and the broader market dynamics at play.