Pahalgam Terror Attack has become almost a week. India has taken many action on its behalf. But the disadvantage which India has brought to Pakistan without penetrating the house. He is quite big. Yes, Pakistan’s stock market has suffered this loss. Due to the action taken by India against Pakistan, there has been a big decline in the Pakistan stock market. Due to which Pakistan stock market has lost about 70 thousand crores. During this time, Karachi Stock Exchange has broken more than 4.50 percent. On Tuesday too, KSE 100 has seen a decline of more than 1100 points. In contrast, India’s stock market has increased. After the 22nd, the Sensex has seen an increase of about 1100 points. Let us also tell you what kind of figures are being seen on the last Karachi Stock Exchange.
Fall for the second consecutive day
Pakistan’s stock market is seeing a decline for the second consecutive day. Pakistan’s stock market was trading at 114,007.40 points at 114,007.40 points at 1:40 pm, the main index of the stock market of Pakistan. The special thing is that KSE fell 1130.78 points to 112,935.57 points during 100 trading session. A day earlier, KSE 100 was seen to decline. At one time, KSE was trading fast. But after reaching the day’s peak, the Karachi Stock Exchange closed down by more than one per cent. According to experts, due to the tension of India and Pakistan, there is a decline in Pakistan stock market.
Large drop after 22 April
The special thing is that after April 22, there has been a decline in 4 sessions in 5 business sessions in Pakistan’s stock market. According to the data, the Karachi Stock Exchange closed at 118,430.35 points on 22 April. After that, on 23 and 24 April, the stock market saw a decline. On April 25, KSE 100 rose. Now there has been a decline in two consecutive business days. Since 22 April, KSE has seen a decline of 5,494.78 points i.e. 4.63 percent. According to experts, Pakistan’s stock market can see further decline.
Pakistan hit 70 thousand crores
After the attack of Pahalgam, Pakistan’s stock market has suffered a big loss after the last one week or rather. On April 22, the market cap of Karachi Stock Exchange was $ 52.84 billion. Which came to $ 50.39 billion after reaching the lower level of KSE 100 on 29 April. This means that during this period, Pakistan’s stock market has lost $ 2.45 billion. If you calculate it in Pakistani rupees, then a loss of about 70 thousand crores is sitting.
India’s stock market boom
On the other hand, India’s stock market has seen a boom. During this time, the Sensex saw an increase of about 1100 points. According to Bombay Stock Exchange data, the Sensex was at 79,595.59 points on 22 April. Which rose by 1,065.72 points to reach 80,661.31 points on 29 April. This means that investors have received a return of 1.33 percent in this one week. According to experts, both Sensex and Nifty can see a boom in the coming days.