Karachi: In a day marked by volatility, the Karachi Stock Exchange saw a decline in its key indices, with both the KSE-30 and KSE-100 indices experiencing drops. The KSE-30 index fell by 279.32 points, closing at 50,457.84, while the KSE-100 index decreased by 903.12 points, ending at 169,427.44. The fall represented percentage declines of 0.55% and 0.53%, respectively, as per the latest daily report.
According to Pakistan Stock Exchange Limited, the market turnover increased from the previous trading session. The total traded value stood at 25,483,501,993, down from the previous figure of 27,176,386,002. Market capitalization also decreased to 18,848,490,826,810 from 18,908,288,808,361. Despite the downturn in the indices, the regular market saw an increase in turnover, reaching 791,636,197 from the previous 767,453,293 shares traded.
The day’s highest points for the indices were 50,859.97 for KSE-30 and 170,729.57 for KSE-100, while the lowest were recorded at 50,431.44 and 169,346.38, respectively. The market data suggests a cautious investor sentiment amid the fluctuating trading environment.