The Pakistan Stock Exchange’s KSE-100 index dropped by more than 800 points during intraday trading on Monday, as selling pressure persisted at the benchmark index.

At 11:23am, the KSE-100 index lost 861.22 points, according to the PSX website.

The PSX website reported that the highest benchmark index was hovering at 112,851.14 points and the lowest was at 111,857.33 points.

The Pakistani rupee showed slight improvement against the US dollar, appreciating by 0.03% in the inter-bank market during Monday’s early trading session.

A technical delegation from the International Monetary Fund will begin discussions in Islamabad on Monday (today) regarding Pakistan’s request for over $1 billion in additional funding to strengthen climate resilience.

On February 21, the KSE-100 index lost 130.15 points, trading at 113,609, according to the PSX website.

On February 19, the KSE-100 index surged 941 points intraday before settling at 113,342 points, marking a 253-point gain (0.22 per cent) by the end of the session.