Karachi: The Pakistan Stock Exchange (PSX) experienced a significant downturn, with the benchmark indices KSE30 and KSE100 declining by 1.53% and 1.21%, respectively. This drop reflects broader market uncertainties as global indicators also exhibited mixed performances.

According to JS Global, the KSE100 index fell by 2,006.67 points, closing at 163,924.31, while the KSE30 index decreased by 750.07 points, ending at 48,313.81. The day saw the market capitalization of PSX drop by 1.15%, settling at Rs 18,173.36 billion. Notably, the 52-week highs and lows indicate significant volatility, with the KSE100 reaching a high of 189,166.83 and a low of 146,480.16 over the past year.

Among the gainers, Unilever Pakistan Foods Limited (UPFL) saw an increase of 4.36%, while Airlink Communication Limited (AIRLINK) and Nestlé Pakistan Limited (NESTLE) rose by 1.12% and 0.59%, respectively. Conversely, Pakistan Telecommunication Company Limited (PTC) led the losers with a decrease of 9.91%, followed by Power Cement Limited (POWER) and Hum Network Limited (HUMNL), which fell by 4.67% and 4.27%, respectively.

The total market turnover consisted of 367.09 million shares, valued at Rs 18.00 billion. Some of the volume leaders included Pakistan Refinery Limited (PRL) and Cnergyico PK Limited (CNERGY), which recorded volumes of 25.88 million and 23.19 million shares, respectively.

Regionally, the stock markets showed diverse trends. China’s SSEA fell by 1.5%, while India’s BSESN declined by 0.6%. In contrast, Indonesia’s JKSE rose by 1.1%. Such regional fluctuations continue to impact investor sentiment in Pakistan, contributing to the ongoing volatility in the local markets.