KARACHI: Bearish trend dominated the Pakistan Stock Exchange on Monday, as the benchmark KSE-100 index dropped by more than 800 points to reach 42,264.54 points.

The first day of the week saw investors inclined towards the selling trend.

Financial analyst Muhammad Sohail said that the political situation, constant decrease in foreign exchange reserves and current account deficit, which has reached one billion dollars, made investors cautious.

KSE-100 loses more than 1,000 points

The index reached a level of 43,044.12 points and saw a decline of -2.38 per cent

Last week, the index reached 43,044.12 points, seeing a decline of -2.38 per cent.