The bourse witnessed a sharp decline on Monday as the KSE-100 Index went down by nearly 3,900 points, reflecting a severe loss of investor confidence driven by global market turmoil and unresolved domestic policy issues.
The Pakistan Stock Exchange (PSX)'s benchmark index settled at 114,909.48 points, down by 3,882.18 points or -3.27%, from the previous close of 118,791.66.
Earlier in the day, the KSE-100 had sunk to an intraday low of 110,103.97, reflecting a staggering drop of 8,687.69 points, or -7.31%. Even at its highest point of the session of 117,601.62, the index remained -1.00