KARACHI: KSE-100 index drops by 407.54 points and reached to its three months low at 30678.97. KSE-100 index shed 7pc in the last eight sessions, while it has downed 12pc from its recent peak seen on Feb 3rd. Heavy panic-selling pushed down the index to intra-day low by 914 points.
Analyst said that Middle East situation pushed down the market. Pakistan positive Bond Rating and major successes during military operation could not get investors confidence.
