KARACHI, Sept 16: The KSE 100-share index on Tuesday plunged by 207 points or five per cent on panic selling triggered by fears that some of the leading investors may have run beyond their exposure limits owing to higher carryover charges followed by a sustained bull-run.
The largest single-session fall eroded Rs43 billion from the market capitalization at Rs975 billion from Rs1,019 billion a day earlier, and analysts claim small investors received massive battering followed by badla-related panic unloadings by the big ones.
