KSE 100-share Index slides by 199 points

KARACHI: The Karachi Stock Exchange's benchmark 100-share index ended 1.73 percent, or 199.10 points, lower to close at 11,278.02 on Tuesday.The market turnover was recorded at 41.08 million...

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AFP
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KSE 100-share Index slides by 199 points
KARACHI: The Karachi Stock Exchange's (KSE) benchmark 100-share index ended 1.73 percent, or 199.10 points, lower to close at 11,278.02 on Tuesday.

The market turnover was recorded at 41.08 million shares.

"Selling was witnessed in stocks across the board at KSE after reports that leaders of U.S. Senate agreed to freeze $700min U.S. aid to Pakistan," said a stock dealer at KSE. (Reuters)