Monday saw significant selling pressure on the capital market as investor sentiment was impacted by profit-taking, political unpredictability, and worldwide market volatility.
Institutional investors booked profits, but sentiment remained cautious due to worries about the political environment and a lack of new positive triggers.
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) fell 1,510.71 points, or -1.32%, to settle at 112,745.01 from 114,255.72 the previous session. Before falling to a low of 112,681.33, the index reached an intraday high of 114,620.79.
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) saw a rise of 365.07 points (0.32%), hitting an intraday high of 114,620.79. However, it then fell, settling at a low of 112,681.33, representing a drop of 1,574.39 points, or -1.38%, from the close of the previous session at 114,255.72.
