Stocks plummet over 450 points as fears grow over protests

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Stocks on Tuesday tumbled over 450 points at the Karachi Stock Exchange (KSE) 100 index sparked by fears of a political crisis as opposition figures called on supporters to join a march against the government on August 14.

The KSE-100 index plunged by 450 points to 27,635 in the first 12 minutes of the morning trading session.

Tuesday’s development comes a day after the stock market suffered its largest ever one-day drop in share prices with the KSE-100 index witnessing a free fall of 1,309.09 points, or 4.46 per cent.

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