KARACHI
Karachi Stock Exchange (KSE) on Monday crashed over 1300 points over the political turmoil in Pakistan, a private news channel reported.
In the first two hours of the Monday’s trading, stocks fell over five per cent with KSE-100 tumbling to 1310 points and trading at 28,126.38.
The investors were seen selling in panic their overbought shares, while the buyers appeared reluctant.
According to analysts, the stocks crashed due to uncertain political situation in the country with Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) announcing a Azadi/Revolution march to oust the government on August 14.