The Karachi Stock Exchange (KSE) plunged over 1,000 points during intra-day trading earlier today, with investors at the Pakistani bourse in a cautious mood as Asian markets also stayed on edge ahead of key data on the slowing Chinese economy.
The benchmark KSE 100-share index was down 3.17 per cent, or 1073.78 points, trading at 32817.30 at around 2:00PM.
Traders said that, after flight of foreign investment, local investors had also begun to withdraw their capital from the market.
Analysts largely attributed the bearish trend at the KSE to declines at other Asian markets and continuing political uncertainty in Pakistan.
