Karachi stock market crashes

KARACHI: Karachi Stock Exchange (KSE) on Monday, the first day of the week witnessed a huge crash on some rumours with the ‘very go’ of the trading this morning, Geo News reported.

The investors were seen selling in panic their overbought shares, while the buyers appeared reluctant and preferred to remain on the sideline that soon sent the market sagging.

The benchmark KSE-100 index on one occasion during the trading was seen down by 403 points to peg at 21757 marks.