Karachi: The Pakistan Stock Exchange (PSX) witnessed a notable downturn as the KSE30 and KSE100 indices experienced substantial declines. The KSE100 index fell by 1,634.22 points, a decrease of 1.46%, closing at 110,301.16. Meanwhile, the KSE30 index dropped by 638.01 points, marking a 1.82% decline to settle at 34,386.65.

According to a statement by JS Global, the overall market capitalization saw a reduction of 1.25%, bringing it down to Rs 13,654.63 billion (US$ 48.92 billion). On a year-to-date basis, the market has faced a decline of 5.80%. Despite these declines, the year-to-date figures for the fiscal year 2025 remain positive, with the KSE30 and KSE100 indices up by 36.01% and 40.61%, respectively.

Notably, among the top gainers, Nishat Chunian Power Limited (NCPL) rose by 3.70% to Rs 27.50, while National Power Parks Management Company Limited (NPL) increased by 3.49% to Rs 35.91. Fauji Cement Company Limited (FCEPL) also recorded a 3.34% rise to Rs 79.55.

Conversely, the biggest losers included Sazgar Engineering Works Limited (SAZEW), which saw a decrease of 4.08% to Rs 1,094.36, and Askari Bank Limited (AKBL), which fell by 4.08% to Rs 40.94.

The trading session recorded a total volume of 598.93 million shares with a total value of Rs 25.63 billion (US$ 91.81 million). The average daily trading volume over the past year has been 587.64 million shares, indicating a slight increase in activity.

Regionally, market performances varied, with China’s SSEA index up by 1.3%, while India’s BSESN and Indonesia’s JKSE indices showed declines of 0.3% and 2.1%, respectively.