Karachi: The Karachi Stock Exchange experienced a significant downturn, with both the KSE30 and KSE100 indices registering notable declines. The KSE30 fell by 2,125.25 points to close at 48,464.12, while the KSE100 dropped by 6,600.05 points to settle at 160,591.33. This represents a percentage decrease of 4.20 and 3.95, respectively, from the previous trading day.
According to Pakistan Stock Exchange Limited, the market turnover and traded value also witnessed a substantial decrease. The turnover for the regular market fell from 875,538,133 shares to 743,227,686 shares, and the traded value declined from 46,648,226,949 to 34,285,863,100. Additionally, the market capitalization decreased from 18,473,197,163,144 to 17,802,488,383,861.
The derivatives market also experienced a reduction in activity, with the Deliverable Future Contracts (DFC) turnover decreasing from 205,955,000 to 174,577,000 and the traded value dropping from 10,579,122,635 to 8,561,522,690. Open Deliverable Leverage (ODL) and Cash Settled Futures (CSF) markets reported marginal changes.
This decline in the stock market indices, turnover, and capitalization reflects a challenging trading session for investors and market participants.