Karachi: The Karachi Stock Exchange witnessed a significant downturn as both the KSE30 and KSE100 indices fell sharply. The KSE30 index closed at 56,278.51, down by 1,261.46 points or 2.19 percent, while the KSE100 index ended at 184,129.58, marking a decrease of 3,702.50 points or 1.97 percent.

According to Pakistan Stock Exchange Limited, despite the downturn in indices, market activity remained robust with the regular market turnover rising to 1,272,641,652 from the previous 1,195,264,357. The traded value also saw an increase, reaching 60,359,904,356 from 44,101,690,941. However, market capitalization declined to 20,882,779,028,448 from the previous 21,278,479,382,524, reflecting the overall negative sentiment in the market.

In other segments, the Deliverable Future Contracts (DFC) turnover slightly decreased to 278,253,500 from 283,568,500, although the traded value increased significantly to 15,252,124,455 from 10,188,406,380. The Odd Lot (ODL) turnover fell to 1,311 from 1,905, with the traded value dropping to 22,894 from 36,055.

Overall, the stock market saw mixed trading activity with a notable decline in index values but increased trading volumes and values, highlighting a volatile market environment.