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KARACHI, March 6: The KSE 100-share index on Monday suffered one of the largest single-session fall of 468.20 points or 4.10 per cent at 10,947.09, wiping out Rs130 billion from the market capital on panic-selling by some of the leading foreign investors on the oil sector triggered by negative press comments on president Bush’s visit to Pakistan.
But the close was well above the day’s low, indicating the return of the bulls after an overdue technical correction in a highly overbought market.
