Times of Pakistan

Historic Decline at Pakistan Stock Exchange – KSE-100 Index Plunges

1 week ago 6
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Pakistan Stock Exchange faced a massive crash today. Trading halted due to a sharp drop in KSE-100 Index by over 15,000 points. This follows attacks on Iran by Israel and the United States. Investors panicked amid regional tensions. Market resumed after a 45-minute suspension.

Pakistan Stock Exchange crash hit hard today. Trading halted at Pakistan Stock Exchange on the first business day. KSE-30 Index fell 9.42 percent. This triggered a 45-minute suspension. Trading resumed at 10:27 am.

KSE-100 Index plunged 15,071 points to 152,991. Selling pressure started at the opening bell. This marked the worst decline in history. Market opened with a drop of 15,121 points to 152,940. It hit a low of 152,717 points.

Last week, KSE-100 Index closed at 168,062 points. Both KSE-100 Index and KSE-30 Index fell over 10 percent. Rules state if KSE-30 Index drops five percent in five minutes, trading halts for one hour.

Experts note the decline at Pakistan Stock Exchange outpaces regional markets. Japan’s stock market fell 1.9 percent. Korean stock market declined up to 2 percent. Nikkei Index dropped 1 percent by 586 points to 58,264.

India’s Bombay Stock Exchange Sensex fell 967 points to 80,320. Nifty Fifty declined 213 points to 24,965. Investors show severe panic.

After suspension, trading resumed. KSE-100 Index stayed at 153,000 points from 168,000. Crash forced a one-hour halt.

Stock market crashes like this stem from global tensions. Trading halted at stock market under PSX rules. Historic decline at Pakistan Stock Exchange drew attention. The index dropped by more than 15,000 points within minutes.

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