The rising tension between india and pakistan has become so bad that the pakistan Stock Exchange (PSX) has been shut down. After the terrorist attack in the pahalgam area of kashmir, india announced in a row within 24 hours that it would take strict action against pakistan and pakistan against India. Due to this, the armed forces of both countries have been put on alert, and a situation has arisen that anything can happen at any time. In this situation, the main index of the pakistan Stock Exchange, Karachi-100 (KSE-100), fell by more than 2%, or 2,500 points, to 1,14,740.29 in the first five minutes of yesterday's trading. Although it later recovered some losses, it was still down 1,532.42 points, or 1.31%, to 1,15,693.72 at 3 pm.
But today the entire stock market has come to a standstill, giving a big shock to investors. In a statement issued regarding the stock market shutdown, the pakistan Stock Exchange has been closed for maintenance work until further notice. The pakistan Stock Exchange has informed investors that it is thanking them for their patience. Meanwhile, it is noteworthy that the indian stock market has also fallen by about 1,000 points in this tense situation. No official reason has been given for the downtime of the pakistan Stock Exchange website. A simple message on the website says, "We will be back soon." The subsequent events in pakistan after the pahalgam attack in kashmir have been giving fear to all investors and the investment market in the country. After the stock market website crash and the market crash, Pakistani people are sharing various opinions on social media X. Some consider this to be a sign of the weakness of the Pakistani economy, while some consider it a fear of indian retaliation. It is also said that this step has been taken to prevent investors from selling shares. The future of the Pakistani stock market will depend on how the tension between india and pakistan is resolved. If this tension continues, investors may be affected more. The next important thing is that this impact will be on both countries.
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Sowmiya Sriram

25/04/2025 02:07 PM