Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 300 points during the intra-day trading on Monday. At 12:20pm, the benchmark index was hovering at 184,107.37, a decrease of 302.30 points or 0.16%. Selling was observed in key sectors, including automobile assemblers, cement, chemical, commercial banks, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, HUBCO, OGDC, MARI, POL, PPL, PSO, SSGC, MCB, MEBL and UBL, traded in the green. During the previous week , Pakistan’s equity market maintained strong upward momentum during the outgoing week, as sustained domestic buying, easing monetary conditions and supportive global cues combined to lift investor sentiment, pushing the benchmark index decisively higher. The KSE-100 Index advanced 5,375 points, or 3% week-on-week, to close at 184,410 points, extending gains at the start of calendar year 2026. Internationally, the US dollar fell, and US equity futures slid after Federal Reserve Chair Jerome Powell said the Trump administration threatened him with a criminal indictment, stoking investor worries about the central bank’s independence. S&P 500 futures were down 0.5%, while European futures slipped 0.1% in the Asia morning, and the dollar was roughly 0.2% lower against most major peers, sending it below 158 yen and to $1.1660 per euro. Traders said the news was unsettling, though the immediate implication for interest rates was not clear. Benchmark 10-year Treasury futures rose 3 ticks for an implied yield of 4.15%, which is about a basis point below Friday’s cash market close. Fed fund futures have added about three basis points more in cuts this year, which is small but points to the risk that the Fed gets pushed into being more aggressive. Gold struck a record high of more than $4,600 an ounce, as unrest in Iran lifted precious metal prices and supported oil. On Sunday, Powell said the Trump administration had threatened him with a criminal indictment and served grand jury subpoenas over Congressional testimony he gave last summer regarding a Fed building renovation project, an action he called a “pretext” aimed at pressuring the central bank to cut interest rates. This is an intra-day update