Thursday, March 24, 2005

Riot at Karachi stock exchange as shares plunge

Riot at Karachi stock exchange as shares plunge

KARACHI, March 24: Hundreds of furious investors rioted at the Karachi Stock Exchange after shares plummeted from last week's record highs, officials said. Police were called in as around 400 small investors who had been prevented from offloading their falling stocks hurled stones and smashed up cars and office windows in the building's courtyard. "We have arrested five people and the situation is now under control," senior police office Sanaullah Abbasi told AFP. (AFP)