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Pakistan Stock Exchange-100 Index declined 996 points

Karachi (July 09, 2018):Pakistan stocks took a tumble on the first trading session of the week, with political upheaval and a looming crackdown on some banking industry players sending jitters through the market. The benchmark KSE-100 Index declined 996 points (2.47pc) to close at 39,289 amidst tight volumes.

Only 76 million shares of indexed companies were traded over the day, with a combined worth of Rs4.46 billion.

The index marked a day’s high of 40,373 before rapidly losing ground, reaching a low of 30,067 almost an hour before market close.

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