KARACHI: The stocks Tuesday opened keeping yesterday’s bearish note and shed huge 355.92 points or 1.08 per cent to drop to 32653.21 points, losing 33,000 mark in early trading.
On Monday, the benchmark KSE-100 index receded by 219.82 points to close at 33,009.13 as regional markets declined on the back of Chinese markets’ crash triggered due to lower-then-expected purchasing managers’ index (PMI) data. There were only 86 advancers in contrast to 217 decliners. The KMI 30 index nose-dived 432.32 points while KSE All Share depreciated 143.46 points. The market volumes dwindled to 109.62 million from Friday’s 124.07 million.
