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PSX: selling at bourse, KSE-100 down 600 points
Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 600 points on Monday. At 10:20am, the benchmark index was hovering at 165,812.12, down 597.13 points or 0.36%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs and refineries. Index-heavy stocks, including MARI, OGDC, PPL, PSO, SSGC, SNGPL, ARL, MCB, MEBL, NBP and UBL, traded in the red. During the previous week, PSX snapped its five-week losing streak, with the benchmark KSE-100 Index gaining 4...
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