Karachi Stock Exchange (KSE) crashed by 780 points after the news of Muttahida Qaumi Movement (MQM) Chief Altaf Hussain’s arrest in London spread like wildfire in the city,
According to the analysts, this is the worst crash that has hit the stock market in recent past in Karachi.
Traders were seen selling shares went in a state of panic. As a result the market went to a record low due to excessive selling.
