Wednesday, 28 August 2013
KSE piles up losses after Syria crisis hits world markets
KARACHI: Karachi Stock Exchange (KSE) Wednesday suffered a tailspin amid a decline in international equity and currency markets due to the ongoing Syrian crisis. The benchmark 100-Index plunged by 1.28 percent or 287.38 points to 22,236.33 mark. Index heavyweights Muslim Commercial Bank Ltd and Pakistan State Oil Co Ltd led the big time losses, traders said. Muslim Commercial Bank Ltd fell 2.83 percent to Rs266.99 while Pakistan State Oil Co Ltd was down 4.41 percent to Rs309.
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