KSE down 1,419 points at closing
KARACHI: Following Asian stock market trend, Karachi Stock Exchange (KSE) shed over 1,419 points at the closing of Monday's trading.
With over 1,400 points down, the KSE-100 index was recorded at 33,100.
The KSE witnessed a three month low and market capitalisation suffered a loss of almost Rs270 billion. Out of 100 companies, 81 have hit 5 per cent lower lock.
Biggest
By GEO URDU
August 24, 2015
KARACHI: Following Asian stock market trend, Karachi Stock Exchange (KSE) shed over 1,419 points at the closing of Monday's trading.
With over 1,400 points down, the KSE-100 index was recorded at 33,100.
The KSE witnessed a three month low and market capitalisation suffered a loss of almost Rs270 billion. Out of 100 companies, 81 have hit 5 per cent lower lock.
Biggest markets of Asia including Hong Kong, China and Japan also plummeted on Monday.
The fall in the Asian markets will likely to hit world stocks.
With over 1,400 points down, the KSE-100 index was recorded at 33,100.
The KSE witnessed a three month low and market capitalisation suffered a loss of almost Rs270 billion. Out of 100 companies, 81 have hit 5 per cent lower lock.
Biggest markets of Asia including Hong Kong, China and Japan also plummeted on Monday.
The fall in the Asian markets will likely to hit world stocks.
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