Karachi: The Pakistan Stock Exchange (PSX) witnessed a decline in its major indices, the KSE30 and KSE100, following a decrease in points by 477.71 and 1,588.51, respectively. This represents a percentage drop of 0.83% for KSE30 and 0.84% for KSE100. Despite this downturn, some stocks recorded gains, while others faced losses, reflecting a mixed performance across the market.

According to JS Global, LOTCHEM emerged as the top gainer on the PSX, with a price increase of 2.26, marking a 7.21% rise. Other gainers included KEL, which saw a 3.85% increase, and SAZEW, which rose by 2.89%. Conversely, NCPL was the biggest loser, experiencing a drop of 6.76%, followed by KTML and MUGHAL, which fell by 5.22% and 4.35%, respectively.

The overall market capitalization stood at Rs 21,133.66 billion, experiencing a day-over-day decline of 0.80%. The total volume of shares traded was 1,325.60 million, with a total value of Rs 69.58 billion, approximately US$ 248.60 million. The regional markets presented varied results, with Korea's KOSPI showing growth, while India's BSESN and Taiwan's TWII registered declines.

In terms of volume leaders, KEL recorded the highest trading volume at 263.24 million shares, followed by HASCOL and FFL with 100.76 million and 74.97 million shares, respectively. The data indicates a dynamic trading environment with fluctuating stock performances contributing to the indices' decline.