Massive selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding nearly 12,000 points in the opening hours of trading on Monday amid a sharp rise in oil prices. The market opened on a negative note and by 9:22am, the benchmark KSE-100 was hovering at 147,715.95, down 9,780.15, or 6.21%. Following the 6% decline, a Market Halt was triggered