Source: The Times of India
KARACHI: Pakistan share prices closed down 2.9 per cent on Tuesday as the market continued to reel from the assassination of the opposition leader Benazir Bhutto and turmoil over planned elections, dealers said.
The benchmark Karachi Stock Exchange KSE-100 Index finished the day off 408 points at 13,667. It had opened down 3.8 per cent before a slight recovery.
The latest slump came as Pakistan’s election commission said the date for parliamentary elections would be announced on Wednesday, with a delay until February now in view following Bhutto’s killing.
On Monday, the first trading day after her death, the bourse shed 4.7 per cent - one of the Exchange’s steepest-ever one-day drops.
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