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KSE-100 index sheds 208.43 points

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Our Correspondent

The Pakistan Stock Exchange (PSX) once again tumbled on Monday as rising coronavirus cases in the country rattled investors, pushing the benchmark index down by over 400 points in intra-day trading.

Talk of a likely lockdown to be imposed in light of the proposal given by the National Command and Operation Centre (NCOC) to contain the spread of Covid-19 amid the third wave weighed on investor sentiment.

At close, the benchmark KSE-100 index recorded a decrease of 208.43 points, or 0.46%, to settle at 44,978.05 points.

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