Karachi: The Pakistan Stock Exchange (PSX) indices experienced a significant downturn, reflecting a notable decrease in trading activity, as reported in the latest market report released by the exchange. The KSE30 index fell by 1,451.54 points, closing at 48,330.20, while the broader KSE100 index dropped by 3,714.58 points to settle at 157,496.10.

According to Pakistan Stock Exchange Limited, the trading turnover saw a marked decline, with the regular market (REG) recording a turnover of 363,145,903, down from the previous figure of 723,879,788. The traded value for the day also decreased, amounting to 23,108,286,582 compared to 35,179,579,894 previously. The market capitalization stood at 17,698,430,319,011, a decrease from the previous 18,102,033,923,382.

In the derivatives and futures contracts (DFC), turnover dropped to 82,329,000 from 154,639,000, with a traded value of 4,865,428,090, down from 8,043,944,335. The Odd Lot Dealings (ODL) also saw a reduction, with only 1,311 trades compared to 2,335 previously, and a traded value of 26,915 from 43,478.

The PSX report highlighted that both indices reached their lowest points during the day, with the KSE30 hitting a low of 48,179.54 and the KSE100 reaching 157,072.65, before closing at their respective end-of-day levels.