The stock market suffered the loss of 815 points on panic selling
Lahore.--And took the stock market during the previous week to 815 minutes of sliding point due to sales generated a state of panic because of the turmoil in global equity markets against the backdrop of a significant drop in oil prices on the international level -
Karachi Stock Exchange remained bearish throughout the week, as it lost nearly 877.74 points in four trading days and only got in one day trading only 63.2 points on the first day of the week. Thus leading index of the Kuwait Stock Exchange 100 Total losses to a dramatic reduction of 814.54 points to close at 11,375.09. On Monday, 100 index rose 63.02 points to close at 12,253.39 in response to an unexpected drop in the rate of marks.
However, according to experts, the market remained under pressure in thin trading session.
On Tuesday, the second day of the week, and the first day of Ramadan, and reduced the stock by 27 points to close at 12,226.33, while the level of trading volume fell to its lowest level in 13 months. Experts said investors are worried by the economic and political interests, and trading of 14900000 shares only, and chose to remain on the sidelines, causing some of the shares, which led to the value.
