Karachi: The stock market witnessed a significant decline as the KSE100 index fell by 2,025.51 points, marking a 1.10% decrease. The KSE30 index also saw a reduction, declining by 692.05 points, which translates to a 1.22% drop. These decreases reflect a downturn in the market despite some stocks managing to gain.

The KSE100 index’s year-to-date performance for the calendar year 2026 stands at a 4.79% increase, while the fiscal year-to-date performance is at 45.18%. The market capitalization of the Pakistan Stock Exchange (PSX) decreased by 0.81%, bringing it to Rs 20,599.60 billion, equivalent to US$ 73.57 billion.

Among the gainers, Nishat Chunian Power Limited (NCPL) saw a 10.01% increase, closing at Rs 58.04. Nishat Power Limited (NPL) and Nishat Mills Limited (NML) also posted gains, climbing by 10.00% and 6.72%, respectively.

Conversely, several stocks experienced losses. Adamjee Insurance Company Limited (AICL) dropped by 7.84%, closing at Rs 102.73, while Sazgar Engineering Works Limited (SAZEW) and Kohat Cement Company Limited (KOHC) fell by 3.96% and 3.83%, respectively.

The total trading volume reached 1,058.80 million shares, with a total value of Rs 48.24 billion, equivalent to US$ 172.27 million. The PSX recorded a decrease in its market capitalization, continuing the trend of market volatility.

In regional markets, China’s SSEA index rose by 1.1%, and the Philippines’ PSI index increased by 1.1%. Meanwhile, Indonesia's JKSE index dipped by 0.6%.

The stock market remains under pressure, reflecting broader economic challenges and investor sentiment, with market analysts keeping a close watch on future developments.