Pakistan’s stock market closed lower on Monday, with the benchmark KSE-100 index losing 1,964 points. The decline brought the index down to 165,124 points at the close of trading. The market’s negative performance also caused investors to suffer losses worth billions of rupees.
Selling pressure emerged early in the first trading session of the business week. The KSE-100 index initially fell by around 900 points, dropping below 166,100 points. The downward trend continued as trading progressed throughout the day.
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By the market’s close, the benchmark index had shed 1,964 points. It finished the session at 165,124 points, reflecting continued weakness in share prices. The latest decline followed a mixed performance during the previous trading session.
On the final trading day of the previous week, the market showed mixed movements. However, selling pressure increased near the end of that session. The KSE-100 index eventually closed 352 points lower at 167,089 points.
Monday’s closing level marked a further decline from Friday’s finish. The benchmark index lost ground both during the opening session and towards the end of trading. The market therefore continued its recent downward movement at the start of the new week.
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The decline affected investors as falling share prices reduced the value of their holdings. The supplied report did not identify specific sectors or companies responsible for the market’s losses. It also did not provide details about the total financial impact on individual investors.
The KSE-100 index ended Monday at 165,124 points after losing 1,964 points during the session. Its previous close stood at 167,089 points. The latest figures reflect another difficult trading day for Pakistan’s equity market.