The KSE-100 index of Pakistan KSE-100 fell by more than 2.2% at the start of negotiation on Tuesday, which made it possible to collect 2529.39 points during intra-day exchanges, investors reacted to broader economic concerns and low market indications.
At noon, the KSE-100 was negotiated at 111,699.59, down compared to the previous fence of 114,872.18. The index had affected a summit of 114,066.12 earlier in the session, then slipped to a level of points 111 192.92 points.
The volume of the market amounted to nearly 74 million shares, with a total value of 7.22 billion rupees. The traders noted a careful feeling in the midst of the prevailing political and fiscal uncertainty.
Increased tensions between Pakistan and India after the attack on Pahalgam has weighed on the stock market since last week.
Last night, the Minister of Information said that Pakistan has credible information, indicating that India plans to launch military measures against Pakistan in the next 24 to 36 hours, using allegations of baseless involvement and manufactured in the Pahalgam incident as a pretext.
The declaration strongly criticized the unilateral position of India as a judge, jury and self -proclaimed executioner in the region, the reckless appellant. He stressed that Pakistan, having suffered from terrorism itself, includes the pain caused by such violence.
“We have always condemned terrorism in all its forms and manifestations, wherever it occurs,” the press release noted. He added that Pakistan, as a responsible nation, had openly proposed a credible, transparent and independent investigation by a neutral committee of experts to discover the truth.
Unfortunately, according to the press release, instead of choosing the path of reason, India seems to have opted for a perilous course motivated by irrationality.
