Staff Reporter
Selling pressure persisted at the Pakistan Stock Exchange for another session on Thursday as the benchmark KSE-100 index fell 196 points and closed below the 45,000-point mark.
Index-heavy automobile, cement, financial, fertiliser and oil sectors were the major laggards where a modest sell-off was observed.
The session kicked off with a spike, however, the market failed to sustain the gains due to lack of investor interest and the index marched downwards.
A few attempts made to reverse direction of the market proved futile and the day ended on a negative note.