Pakistan’s inventory markets bleed, Karachi Index slips 6%, down 9% in 2 days – Firstpost
&w=1200&resize=1200,0&ssl=1 "Pakistan’s inventory markets bleed, Karachi Index slips 6%, down 9% in 2 days – Firstpost")
On Might 7, Pakistan’s benchmark fairness index, the KSE-100 Index, fell as a lot as 5.7 per cent, marking its largest drop since 2021, earlier than recovering barely to a lack of 3 per cent
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Pakistan’s market is very delicate to investor sentiment and has decrease liquidity, which makes it extra inclined to important downturns when threat perceptions improve. With fewer listed firms and restricted participation from long-term traders, geopolitical occasions are likely to have a extra pronounced impression in the marketplace.
On Might 6, the Pakistan Inventory Alternate’s (PSX) benchmark KSE-100 index was hovering round 111,000 factors. On Might 7, Pakistan’s benchmark fairness index, the KSE-100 Index, fell as a lot as 5.7 per cent, marking its largest drop since 2021, earlier than recovering barely to a lack of 3 per cent.
As of Might 8, the index stands at 103,060.30 factors. This decline of roughly 7,940 factors or round 7.15 per cent over the span of two days exhibits the stark impression of Operation Sindoor on investor confidence in Pakistan.
Buying and selling on PSX has been suspended as a result of the steep fall.
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