Karachi: The KSE100 index closed lower on the day, reflecting a broader market downturn as it dropped by 778.96 points, or 0.44%, to settle at 177,692.92. The KSE30 index also saw a decline, falling 177.31 points, or 0.33%, to end at 53,022.89.

According to JS Global, the market experienced a reduction in market capitalization by 0.20% on a day-to-day basis, bringing it to Rs 19,935.53 billion. Notably, Sui Southern Gas Company (SSGC) emerged as a volume leader, trading 32.35 million shares, while K-Electric Limited (KEL) led the gainers with a price increase of 2.68% to Rs 8.42. Among the top decliners was SSOM, which saw a decrease of 5.91% to Rs 479.35.

The data further indicated that the year-to-date performance of the KSE100 index for the fiscal year 2026 remains strong at 41.44%, despite the recent declines. Market leaders in terms of value included OGDC-JUNB with a turnover of Rs 2,873.11 million. The total market turnover stood at 765.14 million shares, valued at Rs 35.44 billion.

The report also highlighted mixed performances in regional markets, with the Korea Composite Stock Price Index (KOSPI) declining by 10.0%, whereas the Philippine Stock Exchange Index (PSI) saw an increase of 1.5%.