Karachi: The KSE-100 Index experienced a significant downturn, losing 1,632 points to close at 164,626, with a trading volume of 614 million shares. The top performers based on price change included CNERGY, HGFA, and NBP, while PABC, DGKC, and PSX were among the top decliners. Market activity was primarily concentrated in the Power, Technology, and Refinery sectors.

According to Taurus Securities Limited, the market's overall performance was heavily influenced by developments in key sectors and the trading behavior of major stocks. The downturn follows a period of fluctuating market conditions and reflects broader economic challenges facing the region.