Updated on
Summary
Massive selling pressure was witnessed at the Karachi Stock Exchange on the first day of the trading week. At the end of the trading session the market closed down by 289 points.Trading began on a negative note and the selling pressure continued till the end. At a point during the trading session market lost as many as 300 points, but short selling was covered and the market recovered. Trading volume of 80 million shares was recorded. Trading was active in petroleum, banking and fertilizer sectors were active.
