Stock market decline, KSE 100 index closed at 120,002.59 with a sharp decline of 463.34 points

Pakistan’s benchmark KSE 100 index closed at 120,002.59 on June 19 with a sharp decline of 463.34 points. This is a 0.38 percent decrease from the previous day’s closing price of 120,465.93.

The KSE 30 index also saw a decline of 64.39 points, closing at 36,441.73 with a 0.18 percent decrease. In light market trading activity, both volume and value declined significantly. The volume of shares decreased from 707,300,056 to 604,536,506, while the value of shares traded decreased from 21,273,651,192 to 20,442,036,420.

This low trading activity contributed to a decline in market capitalization, which decreased from 14,610,323,852,339 to 14,523,517,849,283. Although the volume traded in the futures market saw a slight increase, rising from 127,335,000 to 129,776,000, and the value traded increased from 5,126,236,830 to 5,544,650,390, these increases were not enough to counter the overall market decline. A significant decrease was also recorded in Off-Market Delivery (ODL) segment operations.