Uncertain political scenario, KSE 100 index sheds 2300 points

Uncertain political scenario, KSE 100 index sheds 2300 points

Business

The market went down by 3.7 percent

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KARACHI (Dunya News) – The Pakistan Stock Exchange 100 index shed 2,300 points on Friday as uncertain political situation keep worrying the investors.

As the trading began at KSE, investors started selling shares. The KSE-100 index plummeted by 2,362 points.
The market went down by 3.7 percent. 

It may be recalled that KSE 100 index had gained 344 point in February before elections touching the mark of 64,143. Similarly on Feb 6 the market had gained 796 points.

The delay in the election results has cast a long shadow over the PSX, leading to a 3.7 percent decrease in the benchmark index.