Karachi: The KSE-100 index experienced a significant downturn, closing 2,406 points lower at 169,173, as it remained under pressure throughout the trading session. The index reached an intraday low of 3,163 points, indicating a challenging day for traders and investors alike. Market activity also saw a decline, with trading volumes decreasing by approximately 13% compared to the previous session.
According to AKD Securities Limited, the index opened the session with a slightly negative tone, setting the stage for the day's downward trajectory. The report highlights the persistent pressures faced by the market, contributing to a lackluster trading environment and diminished investor confidence. As market participants continue to navigate these challenging conditions, the decline in trading volume suggests a cautious approach among investors.