Exchange Traded Funds Face Significant Index Drop

Stock Exchange Announcements

Karachi, The Exchange Traded Funds (ETFs) sector saw a notable decline in its index, as reported by the Pakistan Stock Exchange. With a market capitalization of Rs. 1,037,315,800 and a turnover of 447,000, the sector's traded value was significantly high at Rs. 16,359,575.00. However, the current index plummeted to 642,253.08, down by 3,210,176.77 points. ETFs comprise 0.011% of the market's total capitalization and contributed to 0.093% of the total capital traded.