PSX: KSE-100 down over 900 points amid political noise
Selling pressure was observed at the Pakistan Stock Exchange (PSX) on Monday, with the benchmark KSE-100 Index shedding over 900 points amid volatility on the political front. At 11am, the benchmark index was hovering at 166,150.86, down 938.41 points or 0.56%. 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.