KARACHI, March 8: The KSE 100-share index on Wednesday took another massive plunge of 491.02 points or 4.43 per cent at 10,594.01 points on across-the-board panic- selling triggered by reports that the CBR would collect investor data from the bourses to expand the tax net and some leverage problems in leading oils shares on the forward counters.
Together with the Monday’s crash, the index has lost 821.22 points or 7.27 per cent, wiping out Rs232 billion from the market capital, leading to an uncertain outlook for the future share business.
