On the one hand, the Bombay Stock Exchange closed with a decrease of about 3 percent. On the other hand, 873 km away, a stock market stopped breathing for an hour. Here we are talking about the Karachi Stock Exchange. Which fell 8,000 points during the trading session and then the trading was stopped for one hour. In fact, Trump's tariffs have seen more on Pakistan than India. As a result, Pakistan's stock market has declined by more than 3 percent. Let us tell you what kind of fate has been observed in India and Pakistan's stock markets.
The trading on the Pakistan Stock Exchange (PSX) on Monday was postponed for one hour as the benchmark KSE-10 index fell more than 8,000 points. Financial analysts blamed the fear of a global recession for a sharp decline in the stock market. Even after an hour's pausing, the PSX fell 2,000 points to resume trading, resulting in a record low of 8,600 points. The index fell 3,882.18 points or 3.27 percent at 1,14,909.48.
Uzma Khan, a financial analyst of Arif Habib Securities, said that automatic circuit breakers (a set of upper or lower limits from which trading are closed for a certain period of time) are designed to prevent the sale of panic and re -evaluate investors during the market volatility. He said investors are concerned about the global recession due to the move by US tariffs and other global economies.
By 11:58 am the benchmark KSE-10 index fell 6,287.22 points or 5.29 percent, followed by the trading stopped. Shortly after re -opening, it fell to ₹ 8,687.69 or 7.31 percent from its previous closed price at 1:15 pm to ₹ 1,10,103.97. At 2:02 pm, the index was at 1,13,154.63 points, down 5,637.03 or 4.75 per cent over its previous closure.
On the other hand, the Indian stock market saw a major decline on Monday. This led to a loss of Rs 1 lakh crore of market investors. The 30 -share BSE benchmark Sensex closed 2,226.79 points or 2.95 percent at 73,137.90. At one time during trading, it closed 3,939.68 points at 71,425.01 points. Smallcap index of small companies on the BSE also fell 4.13 percent, while the midcap fell 3.46 percent.
The impact of this overall reduction was that the total market capitalization of listed companies on the BSE fell by Rs 14,09,225.71 crore in a single trading session to Rs 3,89,25,660.75 crore ($ 4.54 trillion). However, buying at a low level in the last hour of trading reduced the loss of investors. In the afternoon business, the loss of investors had reached Rs 20.16 lakh crore. Of the 3,515 stocks listed on the BSE, 570 stocks were down, while 570 stocks increased and 140 stocks did not change. (Note: The information provided here is for your information. It is necessary to consult the experts before investing.)
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