Islamabad: Pakistan's benchmark KSE-100 index suffered a significant decline on Monday, shedding nearly 1% of its value amidst a bearish trading session. The index closed at 149,235.26, down 1,355.74 points, marking a 0.90% decrease from the previous day's closing of 150,591.00.
The broader KSE-30 index also experienced a downturn, falling by 362.26 points to close at 45,506.80, reflecting a 0.79% drop. Trading activity showed a substantial increase in volume with 1,062,993,695 shares traded in the regular market compared to 667,817,396 the previous day. This surge in trading corresponded with a notable rise in value, reaching 55,824,223,511 rupees, up from 40,728,508,612 rupees. Despite the heightened activity, market capitalization contracted slightly, decreasing to 17,721,945,474,229 rupees from 17,872,820,833,370 rupees. Futures trading also saw increased participation, with volume and value both rising compared to the preceding day's figures. During the session, the KSE-100 touched an intraday high of 151,249.63 and a low of 148,272.58, highlighting the day's volatility.