On the first day of the business week, a dramatic change resulted in a significant decline in the Pakistan Stock Exchange (PSX) on Monday, as the KSE 100 Index closed at 179,927 points with a decrease of 2,314 points.
This sharp decline emerged after the close of the previous Friday, where the index closed at 182,241 points. The market faced a major setback, crossing three significant psychological thresholds downward, highlighting growing concerns among investors.
During trading, shares of a total of 565 companies were exchanged. Among them, the share prices of 335 companies saw a decline, while the share prices of 128 companies saw an increase. The share prices of the remaining companies remained stable.
Investors and analysts are keeping a close watch on market movements, as this decline raises questions about economic stability and future trends of the stock market.