Karachi: In a significant downturn, the Pakistan Stock Exchange (PSX) witnessed a substantial decline on its KSE100 and KSE30 indices, with both indices experiencing a drop exceeding 3% on the previous day. The KSE100 index fell by 3,559.48 points, settling at 110,009.03, while the KSE30 index declined by 1,071.28 points, closing at 33,609.41.

The day saw the PSX market capitalization decrease by 3.12%, amounting to Rs 13,344.96 billion, reflecting a broader trend of market volatility. This decline has been part of a year-to-date downturn, with the KSE100 and KSE30 indices dropping by 4.45% and 7.11% respectively in the calendar year 2025.

Despite the overall market decline, a few companies emerged as gainers. Packages Limited saw an increase of 2.48%, while Murree Brewery Company rose by 2.22%. Nestlé Pakistan also posted a gain of 1.63%.

On the losing side, Pakistan International Bulk Terminal faced a drop of 10.54%, alongside K-Electric Limited, which saw a decline of 10.15%. The Searle Company suffered a decrease of 9.15%.

Total trading volume for the day was recorded at 550.08 million shares, with a value of Rs 30.12 billion, or approximately $107.01 million. The market's average daily turnover over the past 52 weeks was 602.61 million shares.

This downturn in the PSX coincides with mixed performances in regional markets. While South Korea's KOSPI index showed a 0.5% rise, Taiwan's TAIEX fell by 10.8% year-to-date. Other regional markets, including China and India, showed varied results, reflecting a complex global economic environment.

The PSX's recent performance underscores the challenges faced by emerging markets amid global economic fluctuations, with investors closely monitoring developments both domestically and internationally.