Pakistan's Karachi Stock Exchange (KSE) 100 index fell over 1300 points with over 5 percent decrease in trading on Monday due to political uncertainty prevailing in the country.
According to economic analysts, the fall is a result to political tensions and uncertainty as the days come near for the opposition party Pakistan Tehreek-i-Insaf (PTI) to hold an 'Independence March' in federal capital Islamabad on August 14.
KSE 100 index is trading at 28,126.38 points, as the investors appeared reluctant and preferred to remain on the sideline.
A senior economic analyst, Maqsud Qadir said, "The investors preferred unloading their overbought shares in great panic due to uncertain political scenario in the country after the last evening announcement of PTI's Independence March and PAT's Revolution March to kick off in tandem on August 14."
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All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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