KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish session on Monday, with the benchmark KSE-100 Index losing 1,964 points amid sustained selling pressure.
At the opening of the first trading session of the week, the index dropped by around 900 points, falling below the 166,100-point level.
The downward trend continued throughout the session, pushing the benchmark index further into negative territory.
At the close of trading, the KSE-100 Index settled at 165,124 points, down 1,964 points from the previous close of 167,089 points.
The decline reflected continued pressure on the market, although the immediate reasons behind Monday’s sell-off were not specified in the available report.
The market had also ended the previous trading week on a negative note. Despite mixed trading during the final session, selling pressure intensified towards the close, dragging the benchmark index down by 352 points to 167,089 points.
Monday’s decline extended the market’s losses and left investors facing a weaker start to the new trading week.
