Karachi: The Pakistan Stock Exchange (PSX) witnessed a marginal decline on its major indices, with the KSE100 index dropping by 259.56 points, or 0.21%, to end the day at 124,093.12. The KSE30 index similarly saw a decrease of 95.14 points, or 0.25%, closing at 37,536.69.

Despite the overall downturn, several companies emerged as notable gainers. BNWM led the way with a 10.01% increase, closing at 44.41, followed closely by PKGP, which rose by 10.00% to 275.83. BIPL also saw a significant rise, increasing by 9.94% to 26.32.

Conversely, a number of stocks faced setbacks. KEL suffered a 4.20% drop, ending at 5.47, while POML fell by 3.83% to 226.27. PSX itself saw a decline of 3.73%, closing at 28.42.

The market's total volume reached 1,024.63 million shares, with a value of Rs 50.54 billion, equivalent to $178.79 million. The PSX market capitalization decreased by 0.29% to Rs 14,951.59 billion, or $52.89 billion.

Regional markets presented a mixed picture, with India's BSESN index declining by 1.0%, while Korea's KOSPI showed a 0.4% increase. Other markets, such as China and the Philippines, remained largely unchanged.

As the fiscal year continues, the PSX has shown a year-to-date increase of 3.14% in its market capitalization and 7.79% on the KSE100 index. However, the recent volatility suggests potential challenges ahead for investors navigating the fluctuating market landscape.