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Pakistani stocks suffered their biggest one-day loss ever Monday, the first day of trading following last week’s assassination of opposition leader Benazir Bhutto.

The Karachi Stock Exchange’s benchmark 100-share index plunged 694.92 points, or 4.7 percent, to 14,077.16 it’s largest single-day loss in points and percentage. Three days of mourning had halted trading after Bhutto’s assassination Thursday.

Atif Malik, an analyst at J.S. Global Securities, said shares could recover in coming days if opposition parties reach an accord parliamentary elections that had been set for Jan. 8. It is not yet known if the government will postpone the election. Read more

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