KARACHI: The stock market suffered on Monday its largest ever one-day drop in share prices with the KSE-100 index witnessing a free fall of 1,309.09 points, or 4.46 per cent.

The index has lost 2,243 points, or 7.56pc, in just six trading sessions, which started the previous week, wiping out Rs486bn from the market capitalisation.

Nervous investors went into panic selling on Monday, apparently because of uncertainty about Aug 14 when some political parties will march on Islamabad with avowed threats to force the government to step down.

Published in Dawn, August 12th, 2014