The Pakistan Stock Exchange (PSX) witnessed a sharp decline on Monday as the benchmark KSE-100 Index went down by more than 3,000 points during early trading hours.

The index had dropped 115,488.18, reflecting a drop of 3,303.48 points, or 2.78%. It had touched a high of 117,601.62, still down by 1,190.04 points (1.00%) from the previous close of 118,791.66.

This is a developing story and is being updated with more details.