BRIndex30 decreased by 230.51 points or 1.34 percent to close at 16,967.59 points with a turnover of 58.305 million shares.
The KSE-100 Index declined by 264.03 points or 0.83 percent to close at 31,565.21 points. Daily trading volumes increased to 104.764 million shares as compared to 88.807 million shares traded Tuesday.
The market capitalization declined by Rs 37 billion to Rs 6.321 trillion. Out of total 362 active scrips, 212 closed in negative, 130 in positive while the value of 20 stocks remained unchanged.
K-Electric was the volume leader with 14.896 million shares. It gained Re 0.05 to close at Rs 3.31 followed by WorldCall Telecom that inched up by Re 0.15 to close at Rs 1.08 with 12.449 million shares. Unilever Foods and ICI Pakistan were the top gainers with Rs 77.00 and Rs 20.08, respectively to close at Rs 5,600.00 and Rs 465.89. Nestle Pakistan and Colgate Palmolive were the top losers with Rs 166.50 and Rs 89.85, respectively to close at Rs 5,583.50 and Rs 2,049.00.
BR Automobile Assembler Index lost 30.8 points or 0.64 percent to close at 4,785.82 points with total turnover of 902,300 shares.
BR Cement Index fell by 13.87 points or 0.53 percent to close at 2,592.78 points with 11.605 million shares.
BR Commercial Banks Index plunged by 91.05 points or 1.21 percent to close at 7,443.43 points with 7.200 million shares.
BR Power Generation and Distribution Index declined by 85.72 points or 1.93 percent to close at 4,346.26 points with 16.965 million shares.
BR Oil and Gas Index decreased by 21.28 points or 0.59 percent to close at 3,588.09 points with 18.658 million shares.
BR Tech. & Comm. Index closed at 656.44 points, up 0.05 points or 0.01 percent with 15.747 million shares.
An analyst at Topline Securities said Pakistan equities returned to the negative territory, as index went down by 264 points or 0.83 percent to close at 31,565 level.
Pakistan State Oil (PSO) and Pakistan Petroleum Limited (PPL) remained in the limelight during the session with a cumulative volume of 10.5 million shares as both companies announced a bonus of 20 percent in their respective financial results. Furthermore, OGDC lost 1.58 percent owing to decline in international oil prices, while MARI and POL witnessed a flattish trend.