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Home»Business»Pakistan Stock Exchange: KSE100 witnesses largest single-day decline, plunges 6,482.2 points as ‘Operation Sindoor’ continues | Business News
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Pakistan Stock Exchange: KSE100 witnesses largest single-day decline, plunges 6,482.2 points as ‘Operation Sindoor’ continues | Business News

May 9, 2025No Comments3 Mins Read
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Pakistan Stock Exchange: Pakistan’s economy is highly sensitive to conflict owing to its reliance on external sources of funding
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The Pakistan Inventory Alternate’s flagship index, the KSE100 plunged 5.89 per cent, down 6,482.2 factors to shut at 1,03,528.8 on Thursday. This marked a brand new low for the index, which noticed 4 shares rising and 95 closing in pink, for the reason that lows of December 2024 when the KSE100 hit 1,05,000, based on a word by Pakistani brokerage Arif Habib Ltd. This was additionally the biggest single-day decline posted by Pakistan’s flagship index, based on a word by Topline Securities.

Arif Habib pegged the KSE100’s subsequent low at 1,00,000, down 16 per cent from the highs of April 2025.

Transient halt in buying and selling

The PSX halted commerce briefly on Thursday after the KSE30 index plunged 5 per cent, based on information accessed from the portal of Pakistan-based brokerage Sarmaaya Financials. “The Pakistan Inventory Alternate (PSX) halted buying and selling after the KSE-30 index dropped 5 per cent, pushed by escalating geopolitical tensions,” Sarmaaya Financials mentioned in a put up on social media platform X.

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This was after an official assertion by ISI Public Relations confirmed drone strikes by the Indian armed forces on the intervening night time of Might 7-8, 2025, Topline Securities mentioned in its assessment word.

In line with the market snapshot shared by Sarmaaya Financials, the KSE30 closed 6.34 per cent decrease, or 2131.27 factors, at 31478.14 on Thursday.

Festive offer

The benchmark index hit a excessive of 34,174.51 and a low of 30,649.93 intra-day on Thursday. The KSE30 closed at 33,609.41 factors on Wednesday. Total, the KSE30 has misplaced 9.42 per cent worth in 2 days, since India struck terror camps at 9 areas throughout Pakistan early on Wednesday in response to the Pahalgam terror assault.

The KSE100 hit a excessive of 111,881.03 and a low of 101,598.91 throughout intra-day commerce on Thursday. The index was down over 9.19 per cent in 2 days, based on the markets snapshot on Sarmaaya Capital’s web site.

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‘Operation Sindoor’ impression on Pakistan’s inventory market

Pakistan’s worldwide bonds surged almost 1 per cent on Wednesday after ‘Operation Sindoor‘, Pakistan-based monetary every day the Enterprise Recorder reported, citing Tradeweb information. Pakistan’s 2031 sovereign bond noticed bids being positioned at over 81 cents within the greenback, based on the report.

Pakistan’s economic system is very delicate to battle owing to its reliance on exterior sources of funding, Reuters reported, citing Hasnain Malik, managing director, rising and frontier markets fairness technique at market intelligence agency Tellimer, Dubai.

India’s efforts urging the IMF to assessment funding for Pakistan can be more likely to harm the latter’s economic system, mentioned Sakib Sherani, economist and head, Macro Financial Insights, based on the report.

India is eyeing discussions with all multilateral growth banks to curb monetary flows into Pakistan, a senior authorities official instructed the Indian Categorical on Friday. This comes in opposition to the backdrop of the phobia assault on civilians in Pahalgam, Kashmir final week.



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