KSE plummets 1300 points


Fall in international markets is carving its affects on Karachi Stock Exchange (KSE) as index plummeted by at least 1,300 points in early trade on Monday.

100-index was seen around 33,200 points after foreign investors boosted up purchase of shares. The 100-index fell down by at least 1,300 points.

The KSE witnessed a three month low and market capitalisation has suffered a loss of almost Rs300 billion. Out of 100 companies, 81 have hit 5 per cent lower lock.