Karachi February 24 2022: KSE 100 Index drops 894 points or ~2 percent to 44,238 on Thursday (time 12:53 PST) as Russian forces invades Ukraine with strike on major cities as per data provided by Pakistan Stock Exchange.
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Russian President Putin announces a military operation in Ukraine
TRG is the leading contributor towards drop in KSE-100 Index with negative contribution of 74 points as the share price drops 7.2 percent followed by Lucky Cement that contributed negative 70 points as share price drops 3.81 percent in today’s trading session.
System limited contributed negative 62 points to the KSE-100 as stock price drop 4.5 percent to PKR 649 per share.