KSE plummets 1300 points

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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.