By 9:40am, the index stood at 118,736.04, down by 366.63 points or 0.31%.

Key sectors, including automobile assemblers and oil and gas exploration companies, faced notable selling pressure, impacting major stocks like HUBCO, OGDC, PPL, and SSGC.

The previous week had already seen a downturn, with the index closing at 119,102.67 points, reflecting a week-on-week drop of 546.47 points or 0.45%.

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