Karachi: The Pakistan Stock Exchange (PSX) experienced a downturn with both the KSE30 and KSE100 indices falling on Tuesday. The KSE30 index dropped by 415.17 points, closing at 56,029.54, while the KSE100 index fell by 1,381.71 points to settle at 182,569.81. This marks a daily percentage change of -0.74% for the KSE30 and -0.75% for the KSE100.

According to JS Global, the market capitalization of PSX decreased to Rs 20,630.23 billion, reflecting a day-on-day change of -0.67%. Despite the decline, the year-to-date changes for the KSE30 and KSE100 indices stood at 5.12% and 4.89%, respectively. The PSX market capitalization in US dollars was recorded at $73.68 billion.

Among the top gainers, Nishat Chunian Power Limited (NCPL) saw a rise of 9.99%, closing at Rs 70.22. Meanwhile, National Power Parks Management Company (NPL) increased by 7.92% to Rs 96.50, and Lotte Chemical Pakistan Limited (LOTCHEM) rose by 5.16% to Rs 31.57. Conversely, Pakistan Telecommunication Company Limited (PTC) was among the top losers, declining by 5.61% to Rs 65.82. Ibrahim Fibres Limited (IBFL) and Fauji Cement Company Limited (FCEPL) also faced declines of 4.81% and 4.54%, respectively.

The total volume of shares traded stood at 1,034.12 million, with a total value of Rs 65.96 billion, equivalent to $235.58 million. The top volume leaders included K-Electric Limited (KEL) with 56.27 million shares and Worldcall Telecom Limited (WTL) with 55.67 million shares traded.

In the regional context, other Asian markets also exhibited mixed performances. The Shanghai Stock Exchange Composite Index (SSEA) in China and the BSE Sensex in India both decreased by 0.3%, while South Korea’s KOSPI increased by 0.6%. Indonesia’s Jakarta Stock Exchange Composite Index (JKSE) recorded a 0.9% gain, marking a positive trend amongst the regional markets.