The KSE-100 Index of the Pakistan Stock Exchange (PSX) ended in the negative territory on Monday due to increased selling pressure.
The benchmark index dropped by 222.02 points, or 0.26%, closing at 85,261.39.
Initially, the market opened positively, with the KSE-100 Index gaining as much as 621 points, reaching an intra-day high of 86,105.03.
However, this upward trend was short-lived as investors began to take profits, leading to a subsequent decline of 327 points during trading.
An analyst from Topline Securities noted that while the index started strong, the late-session profit-taking led to a downward shift, reflecting a common market pattern in such volatile conditions.