Karachi: The Pakistan Stock Exchange (PSX) experienced a notable downturn in market performance, with the KSE30 and KSE100 indices suffering substantial losses. The KSE30 index fell by 9.73%, closing at 46,326.47 points, while the KSE100 index dropped by 9.57%, ending at 151,973.00 points. This decline translated into a market capitalization decrease of 9.22%, amounting to Rs 17,185.63 billion.

According to JS Global, the day's trading saw significant movements, with JDWS emerging as one of the top gainers, rising by 0.84% to reach a price of 900.00. In contrast, MUREB and NESTLE were among the prominent losers, dropping by 3.48% and 4.15%, respectively. The market's total volume was recorded at 809.55 million shares, with a total value of Rs 48.51 billion, equivalent to $173.60 million.

The downturn in the PSX indices reflects broader trends observed in regional markets, with indices in India, Indonesia, and the Philippines also experiencing declines. However, the Korean market (KOSPI) maintained stability with no percentage change, while Taiwan's TWII showed a significant year-to-date increase of 21.2%. The PSX's year-to-date changes for CY26 and FY26 stood at -12.72% and 20.97%, respectively, indicating fluctuating market conditions over the year.