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 capitalization 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.