KARACHI:

The Pakistan Stock Exchange (PSX) kicked off the new trading week on Monday with a volatile performance as the benchmark KSE-100 index ended the day in the red.

Following late-session selling pressure owing to profit-taking and futures contract rollover, the benchmark KSE-100 index closed down by 482.71 points, or 0.31%, at 157,554.66.

The bourse opened the day on a positive note, climbing to the intra-day high of 158,850.34 points around midday as optimistic investors bought attractive stocks. However, the momentum faded as the session progressed, with investors opting to book profits, particularly in key sectors such as banking, cement and technology, pulling the index down to the low of 157,245.73.

Analysts attributed the downturn to a mix of caution ahead of key economic d

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