Stock Indices Decline Amid High Turnover on Pakistan Stock Exchange

KARACHI: The Pakistan Stock Exchange experienced a decline in key indices on Thursday, with both the KSE30 and KSE100 ending the day in the red. The KSE30 closed at 50,467.16, marking a decrease of 456.01 points, or 0.90 percent, from its previous close of 50,923.16. Meanwhile, the KSE100 index fell by 1,241.66 points, or 0.75 percent, to settle at 164,444.72, down from 165,686.38.

Trading activity showed a significant increase in turnover, with the regular market seeing 3,078,369,285 shares traded, compared to 1,528,361,133 shares on the previous day. However, the traded value decreased to 50,608,530,832 from 68,604,395,925.

The futures market also saw increased activity, with a turnover of 607,284,000 compared to the previous 321,789,500. Despite the rise in turnover, the traded value in the futures market dropped to 15,763,205,600 from 17,086,633,150.

Market capitalization saw a slight decline, recorded at 19,075,928,405,184 compared to the previous 19,178,469,922,555.

The highest and lowest points for the KSE30 during the day were 51,289.59 and 50,399.18, respectively. For the KSE100, the day’s high was 166,864.90, while the low was 164,261.65.

These shifts in indices and market activities reflect underlying market dynamics and investor sentiment.