KARACHI: Shares at the Pakistan Stock Exchange (PSX) broke their record breaking streak and fell more than 200 points on Monday, with analysts attributing the sell-off to profit-taking.
According to the PSX website, the KSE-100 index shed 211.31 points to close at 66,012.32 points, down 0.32 per cent from the previous close of 66,223.63.
It should be mentioned that the KSE-100 index had reached a significant milestone last week as it crossed the psychological barrier of 66,000 points. Overall, the stock market’s benchmark index closed at 66,224 points, up 4,532 points or 7.3pc week-on-week, which was the highest ever weekly pointwise return.
