On the opening day of the business week, the Pakistan Stock Exchange (PSX) saw a sharp decline in trading, plunging more than 1,250 points.
The KSE-100 index was unable to stay above the critical 79,000 point barrier, plunging precipitously by 1,388 points to close at 78,730.
The rollover week started earlier in the day, and the index dropped 800 points to 79,320 points, which put selling pressure on the market.
The country’s continuing heated political climate kept investors hesitant, which fueled the bearish trend. The nation’s present uncertainties and difficulties are reflected in the performance of the stock market.
The KSE-100 index saw a 414-point drop at the start of trading, closing at 79,703 points.
