Pakistan Today

Stocks plummet over 450 points as fears grow over protests

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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