Karachi Stock Exchange starts with bearish trend

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KARACHI: Bearish trend is being witnessed in Karachi Stock Exchange on Tuesday at start of the session as KSE 100 index decreased up to 230 points.

After decline of more than 200 points the KSE 100 index mark stood at 33,450 points.

Last week, after successful visit of Chinese President Karachi Stock Exchange witnessed bullish trend throughout the week.

It might be impact of yesterdays verdict of election tribunal in NA-125 which declared the election null and void after found irregularities in the election.

Defense Minister Khawaja Asif had also termed the tribunal verdict political setback for the government.