Pakistan stock market: There has been a ruckus in the Karachi Stock Exchange after the Indian Army has launched a missile attack on terrorist bases in Pakistan. The news of Operation Sindoor has spread an atmosphere of panic among Pakistan investors. At this time, Pakistan’s stock market has crashed badly. The Karachi stock market in Pakistan has declined by more than 6% around 1 pm, due to which the trading has been stopped there.
Gone lower circuit
On May 8, a lower circuit was set up in Pakistan’s stock market due to a steep decline in the stock market. It opened at 110,989.7 against the closed price of 110,009.03. After this, Lower Circuit was installed at the level of KSE 100 IndEX 103,060.30. The index falls by 6.32 percent. According to data from Bloomberg, KSE 100 index has fallen 13 per cent and KSE 30 index 14.3 per cent from 22 April 2025 to 8 May 2025.
Cause of fall
Military action taken by India in PoK on the night of 7 May (‘Operation Sindoor’). The China-made Jet by Pakistan claims to target Indian aircraft. There is an increased uncertainty among investors at the international level. Apart from this, on May 8, Pakistan blasts also caused a big decline in the stock market due to drone blasts at 12 places including Lahore, Karachi, Rawalpindi.