Karachi: The Pakistan Stock Exchange (PSX) witnessed significant declines on Thursday, with major indices falling sharply amid a broader downturn in regional markets. The benchmark KSE100 index plummeted by 3.21%, shedding 3,855.76 points to close at 116,167.47. The KSE30 index also saw a decline of 3.08%, finishing the day at 35,407.35.

The market's overall capitalization decreased by 3.25%, bringing the total market value to approximately Rs 14,063.57 billion, or US$ 49.54 billion. This decline marks a year-to-date decrease of 2.98% for the calendar year 2025.

In terms of market activity, the total volume of shares traded was 595.01 million, with a total value of Rs 23.49 billion or US$ 82.74 million. Despite this decline, the year-to-date performance for the fiscal year 2025 remains positive, with the KSE100 index showing an increase of 48.09%.

The day saw mixed performances among individual stocks. Among the gainers, Bank of New York Mellon (BNWM) led with an 8.75% increase, followed by Faysal Bank (FHAM) and Nestle Pakistan (NESTLE) with modest gains. In contrast, the losers' list was led by Youwe Technologies (YOUW), Pak Elektron Limited (PAEL), and TRG Pakistan Limited (TRG), all experiencing declines nearing or exceeding 10%.

Regionally, the stock markets reflected mixed results with China’s SSEA inching up by 0.6%, while India’s BSESN and Indonesia’s JKSE experienced declines of 0.6% and 1.7%, respectively. Other markets such as the Philippines and Taiwan also reported notable decreases.

The day-to-day fluctuations in the stock market underscore ongoing volatility in the global financial landscape, influenced by various economic factors and investor sentiments.