Pakistan Stock Exchange (PSX) witnessed a tumultuous start to the business week on Monday as the KSE-100 Index concluded with a significant decrease of 450 points, closing at 178,471 points. This decline came after the previous session when the index had ended at 178,922 points.
The trading session saw mixed movement, with shares of 564 companies being exchanged. Of these, 240 companies saw a decrease in their share prices, while 214 companies noted an increase. The remaining shares remained stable.
Market analysts say that at the beginning of the week, investors adopted a cautious approach, which played a role in putting pressure on the index. This cautious attitude of investors is due to the current uncertainty, which led to the decline observed at the close of the trading day.