US threat pushes KSE down by 250 points

US threat pushes KSE down by 250 points
Updated on

Summary The news of America has threatened Pakistan that it will abandon diplomatic relations with the country, if Pakistan does not release US citizen Raymond Davis, a dual killing accused has pulled down Karachi Stock Exchange by 250 points, Dunya News reported on Friday.

On Thursday, the 100 index closed at 12,187 points but on Friday the news US threat to Pakistan, market ended lower as investors remained worried over concerns of escalating tension.
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