FLASHNEWS:

KSE Indexes Decline Amid Decreased Market Activity

Karachi: The Karachi Stock Exchange (KSE) witnessed a downturn as both the KSE30 and KSE100 indexes recorded significant losses. The KSE30 fell by 495.26 points, closing at 51,735.03, while the KSE100 index dropped by 1,710.04 points, ending the session at 177,373.76. Both indexes experienced a percentage decline of 0.95%.

According to Pakistan Stock Exchange Limited, the market saw reduced turnover and traded value compared to the previous session. Regular market turnover decreased to 1,070,480,302 from 1,248,208,459, while the traded value fell to 31,636,479,275 from 41,812,636,334. Additionally, the market capitalization decreased from 19,376,991,167,994 to 19,224,008,466,887.

The day's trading session also reflected a decline in Deliverable Futures Contracts (DFC) and Odd Lot Dealings (ODL). DFC turnover dropped from 205,221,000 to 172,914,000, with traded value reducing from 9,358,117,345 to 6,718,451,675. ODL turnover and traded value also saw a decrease, with figures slipping from 3,552 to 1,191 and from 62,183 to 26,620, respectively. The day ended without any activity in the Call Settlement Futures (CSF) segment.