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KSE drops 1300 points over the prevailing political crisis

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The Karachi Stock Exchange 100 index drops by more than 1300 points (4.49 per cent) on Monday over the law and order situation and prevailing political crisis which caused investors to withdraw their deposit.

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Investors lost their confidence over the political instability and emerging threats of riots in the country which drive them to withdraw their investments from the stock exchange. Now standing at 28,062.35 points but the Karachi Stock Exchange had observed a significant fall of 1300 points in today’s trading.

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The PML-N government failed to deal wisely with Pakistan Awami Tehreek for the party’s Inqalab March. Whereas, the Islamabad and Lahore could not made a favorable deal with Pakistan Tehreek-i-Insaf regarding the issue of electoral reforms even the looked in the panic over their right of protest.

The situation is getting worst with every moment passes, leading the stock investor to withdraw their savings and resulting in a negative impact on the stock exchange/

Last week, the KSE-100 index fell by 933 points which closed at 29,380 points.

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