The Pakistan Stock Exchange (PSX) experienced a severe recession on the first day of the business week, with a significant drop of over 1,250 points during trading.
The KSE-100 index fell sharply by 1,388 points, closing at 78,730 points, unable to maintain the crucial 79,000 points limit.
Earlier in the day, the index had fallen 800 points to 79,320 points as the rollover week began, putting the market under selling pressure.
Investor sentiment remained cautious due to the ongoing hot political situation in the country, contributing to the bearish trend. The stock market's performance reflects the uncertainties and challenges currently facing the nation.
The trading day began with the KSE-100 index seeing a decrease of 414 points, settling at 79,703 points.
The continuous decline indicates a strong trend of bearishness in the Pakistan Stock Exchange, highlighting the need for stability and confidence in the market.
