PSX rebounds after jittery start on first day of week

The Pakistan Stock Exchange (PSX) witnessed volatility on Monday and eventually closed above 111,000 points.The benchmark KSE-100 index hovered at 109,948 points after losing more than 300 points in the early trading hours. However, things took a turn for the better and ended the day at 111,377.It may be recalled that the KSE-100 index closed at 110,322 points after gaining 21 points at the end of last week.On the other hand, the dollar depreciated by Rs 0.05 to close at Rs 279.