Karachi: The stock market witnessed a decline in key indexes as the KSE100 and KSE30 closed at 168,574.69 and 51,175.35 respectively, with both indexes experiencing a drop in points and percentage. Despite the downturn, select stocks recorded notable gains, while others saw significant losses.

The KSE100 index fell by 877.17 points, translating to a 0.52% decrease, while the KSE30 index declined by 285.30 points, a 0.55% drop. The market's total capitalization stood at Rs 19,217.62 billion, with a decrease of 0.37% in day-over-day change.

Among the gainers, Nishat Chunian Power Limited (NCPL), Nishat Mills Limited (NML), and Kot Addu Power Company (KAPCO) each saw a 10% increase in their stock prices, reflecting investor confidence in these companies. NCPL closed at Rs 45.52, NML at Rs 176.72, and KAPCO at Rs 35.09.

Conversely, several stocks registered losses, with International Steel Limited (ISL) dropping by 6.62% to Rs 111.37 and Packages Limited (PKGP) declining by 6.51% to Rs 58.92. Pakistan Stock Exchange Limited (PSEL) and International Industries Limited (INIL) also experienced losses, decreasing by 5.80% and 5.76% respectively.

The day's trading volume reached 1,288.97 million shares, with a total value of Rs 55.23 billion. The market also saw significant activity from volume leaders such as Fauji Fertilizer Company (FFC) and Hum Network Limited (HUMNL), which contributed to the overall trading volume.

Regionally, markets showed varied performances, with China's SSEA index decreasing by 0.7%, while India's BSESN recorded a 0.5% increase. Other Asian markets, including Indonesia and Korea, experienced declines, whereas Malaysia's index showed a positive shift.

The mixed performance in both local and regional markets highlights the ongoing volatility and uncertainty, urging investors to be cautious in their trading strategies.