After the clouds of war loomed over Pakistan and India, the Pakistan Stock Market recorded its second-worst decline in history, a decline of 6,482 points
Commerce Reporter Daily Dawn + Dawn TV Reporter
Karachi: After the clouds of war loomed over Pakistan and India, the Pakistan Stock Market witnessed its worst decline and at the end of the day, the benchmark KSE-100 Index recorded a decline of 6,482 points.
According to the PSX website, the KSE-100 Index fell by 6,482 points or 5.89 percent to 110,090 points, which had closed at 103,526 points the previous day.
This is the second-biggest one-day decline in the history of the Pakistan Stock Exchange, before that, a decline of 8,700 points was seen after the US announced tariffs last month.
According to a Business Record report, Sana Tawfiq, Head of Research at Arif Habib Limited, said that in the event of further escalation in tensions, selling pressure will continue until clarity is obtained.
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