KSE-100 index plummets by more than 300 points

Published August 19, 2014
The image shows a view of the stock market in Karachi. — File photo
The image shows a view of the stock market in Karachi. — File photo

KARACHI: Pakistani stocks saw a huge fall on Tuesday as Karachi Stock Exchange-100 Index declined by more than 300 points and reached the level of 28,500 in the morning trading session, DawnNews reported.

Analysts reflected that if the current political scenario prevailed then the situation of stocks would also remain uncertain in future.

The low volume showed the lack of interest on the part of investors as only an investment of Rs20 million took place.

Today's decline comes as Imran Khan has announced that he will march into the Red Zone and Tahirul Qadri has called for the holding of a people’s parliament in the federal capital.

The two groups are protesting against the alleged rigging in the 2013 general elections and have called for the resignation of Prime Minister Nawaz Sharif.

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