Pakistan stocks hit record low in four years

Pakistan stocks on Wednesday continued to drop as the Karachi Stock Exchange (KSE) benchmark 100-share index hit record low in more than four years.

    The KSE 100-share index plunged 172.37 points, or 2.85 percent, and closed at 5865.01 points with a trading volume of 78.7 million shares.

    The KSE index has shed more than 3,500 points from 9,446.81 points after its watchdog removed the trading floor on Dec. 15.