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PSX: KSE-100 down nearly 400 points amid political noise
Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding nearly 400 points amid volatility on the political front on Monday. At 9:35am, the benchmark index was hovering at 166,689.53, down 399.74 points or 0.24%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs and power generation. Index-heavy stocks, including HUBCO, MARI, OGDC, POL, PSO, MCB, MEBL, NBP and UBL, traded in the red. During the previous week, the PSX observed selling pressure, as persi...
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