Karachi: Pakistan's stock exchange saw significant declines in key indices and trading activity, according to a report from the Pakistan Stock Exchange Limited. The market witnessed a drop in both the KSE30 and KSE100 indices, with decreases of 2.50 percent and 2.25 percent, respectively.

According to Pakistan Stock Exchange Limited, the KSE30 index closed at 45,975.85, down from the previous 47,156.33, while the KSE100 index fell to 152,011.26 from 155,511.57. The day’s trading saw the KSE100 index fluctuate between a high of 152,272.64 and a low of 150,022.44.

Market turnover registered a substantial decline, with regular market activity decreasing from 670,867,917 shares to 352,272,340 shares. The traded value also saw a drop from 43,979,764,335 to 19,512,947,291. The market capitalization decreased from 17,215,665,551,046 to 16,883,792,058,073, reflecting the broader downturn in market conditions.

The data also showed declines in Deliverable Futures Contracts (DFC), with turnover dropping from 151,241,000 to 82,068,000 and a reduction in traded value from 9,482,113,640 to 5,371,715,950. The Odd Lot Deals (ODL) saw a modest increase in turnover from 829 to 1,863, with traded value rising from 15,341 to 37,214.