Karachi: The Karachi Stock Exchange (KSE) indices faced a downturn as the KSE30 and KSE100 saw declines of 0.49% and 0.58%, respectively. The KSE30 closed at 37,202.37, while the KSE100 ended at 122,046.46. Despite the fall, year-to-date figures show gains of 2.82% for the KSE30 and 6.01% for the KSE100.

The market capitalization of the Pakistan Stock Exchange (PSX) experienced a decrease of 0.42%, settling at Rs 14,796.01 billion, equivalent to US$ 52.16 billion.

Among the gainers, NATF rose by 8.07% to reach 335.79, and GHGL increased by 5.86% to 43.54. PABC also saw a notable rise of 5.84%, reaching 123.90.

Conversely, PSEL experienced a significant drop of 8.35%, falling to 849.03. PKGP and ABL also saw declines of 4.65% and 4.51%, respectively.

The trading volume amounted to 758.54 million shares, with a total value of Rs 29.93 billion, or US$ 105.53 million. Volume leaders included PIBTL with 37.50 million shares and SSGC with 32.89 million shares.

In the regional context, mixed performances were recorded. While India's BSESN rose by 1.2%, reaching 83,755.88, Korea's KOSPI fell by 0.9% to 3,079.56. Other markets such as Indonesia's JKSE and Malaysia's KLSE saw moderate increases of 1.0% and 0.6%, respectively.

The data reflects ongoing volatility in the financial markets, influenced by various global economic factors and local market dynamics.