The Karachi Stock Exchange 100-index snapped its elevated profit taking streak when the KSE 100-index shed a gain of 150 points, falling to 20,416.60 points.
Analysts stated that the immense fall of points can be contributed to the investors being extremely reluctant in extracting out enough juice of the market as possible during the index running at the profit taking rally.
Muslim Commercial fell 4.68 percent to Rs275 rupees and Oil and Gas was down 0.22 percent at Rs211.25.