Karachi: The Pakistan Stock Exchange experienced a downturn as key indices, KSE30 and KSE100, saw declines in their levels. The KSE30 index fell by 404.12 points, settling at 56,593.88, while the KSE100 index decreased by 1,133.34 points, closing at 184,409.67. The market's capitalization also witnessed a reduction, decreasing by 0.45% to 20,768.09 billion Pakistani rupees.
The KSE100 index recorded a 0.61% decline for the day, while the KSE30 index experienced a 0.71% drop. Despite the daily setbacks, the year-to-date gains for KSE100 and KSE30 remained positive at 5.95% and 6.17%, respectively.
Among the gainers, Adamjee Insurance Company Limited (AICL) led with a 4.17% increase in its stock price, followed by Kohinoor Textile Mills Limited (KTML) and Nishat Power Limited (NPL) with gains of 3.24% and 2.85%, respectively.
Conversely, Mughal Steel (MUGHAL) was among the top losers, with a 3.59% fall in its stock price. Pakistan Telecommunication Company Limited (PTC) and AGP Limited also saw declines of 3.45% and 3.02%, respectively.
The total trading volume reached 1,033.85 million shares, with a total value of 52.92 billion Pakistani rupees, equivalent to 189 million US dollars. The Board of Pakistan (BOP) led in trading volume with 41.94 million shares exchanged.
Regional markets displayed mixed trends, with China's SSEA rising by 0.9% and Korea's KOSPI up by 0.7%. In contrast, India's BSESN fell by 0.7%, and Taiwan's TWII decreased by 0.2%.