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KSE-100 loses more than 900 points

Web Desk

KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange saw a decline of 900 points during market hours Thursday afternoon.

The index reached a level of 43251.90 points and saw a decline of -2.2%.

The bearish trend continued at the market as stocks continued to face losses. On Tuesday, the KSE-100 shed 1,889 point and closed at 43,899 points after shedding around three per cent.

During the day’s trading session, investors traded around 191 million shares of 392 companies, with a total trading volume of more than Rs9 billion.

Experts predicted that the reason behind the plummet could be political turmoil and uncertainty. 

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