PSX plunges by nearly 3,800 points as investors remain cautious amid geopolitical tensions

The Pakistan Stock Exchange’s (PSX) benchmark index extended its losing streak to a seventh straight session on Monday as the market plunged by nearly 3,800 points. The KSE-100 index declined by 3,791.05 points or 2.29 per cent to close at 161,805.02 points from the previous close of 165,596.07. The market traded in red the entire day, recording an intraday high of 164,939.08 points at around 10am, before witnessing a steady decline to reach an intraday low of 161,613.51 points shortly before cl...