KARACHI: The fast-changing political scenario and devastating floods took its toll on the stocks as Karachi Stock Exchange benchmark KSE-100 went down to 29902 points, losing 142 points or 0.42 percent in early trading on Monday.
The market opened with a negative sentiment and could not sustained the gains it had made last week. The investors appeared cautious and preferred to stay and judge the market’s direction.
Last week the KSE-100 index crossed the 30,000 mark and closed at 30044 points.
