Karachi: The Pakistan Stock Exchange experienced a notable decline on Thursday, with both the KSE30 and KSE100 indices showing substantial losses. The KSE30 index fell by 693.46 points, closing at 50,209.81, while the KSE100 index dropped by 1,962.87 points, ending at 164,590.41.

The session saw a decrease in the market's turnover and traded value. Regular market turnover dropped to approximately 1.5 billion shares from the previous 1.57 billion, with a traded value of 49.5 billion PKR, down from 55.1 billion PKR. The futures market also reported a slight decline in turnover, with 367.57 million shares traded compared to 369.99 million the previous day.

Market capitalization followed the downward trend, decreasing to 18.99 trillion PKR from the previous day's 19.21 trillion PKR. The indices' performance reflected a broader downward movement, with the KSE30 and KSE100 both reaching lower highs and lows compared to their previous session figures.

The decline in market indices and turnover indicates a cautious sentiment among investors. As the trading session concluded, market participants were left to ponder the potential factors driving this downturn and its implications for future market activity.