FLASHNEWS:

Pakistan Stock Exchange Sees Decline Amid Global Market Trends

Karachi: The Pakistan Stock Exchange (PSX) experienced a decline on the KSE30 and KSE100 indices, with both indices showing a decrease in value. The KSE30 index fell by 241 points, a 0.67% drop, while the KSE100 index declined by 658.97 points, marking a 0.58% decrease. The market's overall capitalization also saw a downturn, reflecting a 0.77% decrease in value.

According to a statement by JS Global, market capitalization stood at Rs 14,088.62 billion, or approximately $50.61 billion. This reflects a year-to-date decrease of 2.81% in CY25. The 52-week high for market capitalization was previously Rs 14,811.81 billion, while the 52-week low was Rs 8,717.46 billion.

Despite the overall decline, certain stocks recorded gains. PKGP rose by 3.62%, YOUW increased by 3.25%, and PIBTL climbed by 2.73%. However, some stocks faced losses, with PGLC dropping by 8.52%, EFUG by 5.55%, and ISL by 3.47%.

Total trading volume on the exchange reached 469.44 million shares, with a total value of Rs 24.98 billion, equivalent to $89.73 million. The 52-week average daily trading volume is 577.77 million shares, with an average value of Rs 23.28 billion.

In regional markets, varying trends were observed. While Korea's KOSPI rose by 1.2%, Malaysia's KLSE saw a decline of 0.4%, and the Philippines' PSI dropped by 1.0%. Taiwan's TWII showed no change. China and India experienced modest increases of 0.3% and 0.4%, respectively.