KARACHI- Share prices at Karachi Stock Exchange (KSE) extended their free fall today as concerns over deteriorating political situation continued to weigh on the market.

The decline was greater than yesterday’s massive 4.5 percent erosion in equities value.

Anti-government protests on August 14 in Islamabad are expected to bring more political instability, the dealers feared. This is seen to further sabotage the current market outlook.