Stock market suffers major blow

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A wave of intense selling pressure on Thursday put the KSE-100 index into a tail spin, sending it to plummet by 672.45 points (2.04%) and close at 32,309.54. The market stayed positive in early trade with the index making intraday high by 32 points, but soon succumbed to selling pressure that pulled it down to intraday low by 758 points.

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