Karachi: The Karachi Stock Exchange (KSE) experienced a notable decline in its indices, with the KSE100 index dropping by 1.18% and the KSE30 index falling by 1.68%, as political developments in Pakistan cast uncertainty over the market. The KSE100 index closed at 165,124.41 points, marking a decrease of 1,964.87 points, while the KSE30 settled at 49,004.16 points, down by 837.55 points.

According to JS Global, the market's downturn is partly attributed to the imposition of emergency and governor rule in Khyber Pakhtunkhwa (KPK), which investors fear could have significant implications on market stability. The KSE100 index has seen a year-to-date decrease of 5.13% for the calendar year 2026 and 8.42% for the fiscal year 2027, reflecting ongoing volatility.

Major gainers on the KSE100 included JDWS, which saw a price increase of 17.47, or 2.09%, and COLG, rising by 18.63, or 1.71%. However, significant losers such as PGLC saw a decrease of 5.19%, and KOHC fell by 2.99%. The total market capitalization of the Pakistan Stock Exchange (PSX) also witnessed a decline, with a day-on-day decrease of 1.13%, bringing the market cap to Rs 18,359.43 billion.

The total volume of shares traded was 362.95 million, with a total value of Rs 14.51 billion. Regional markets in Asia also showed mixed performances, with Indonesia's JKSE declining by 2.6% while Malaysia's KLSE saw a slight increase of 0.6%. The political climate in Pakistan remains a key concern for investors, who are closely monitoring the situation for any further developments.