Kathmandu. Pakistan’s stock market fell sharply today.
According to Bloomberg, the KSE-30 index of the Karachi Stock Exchange fell nearly 10 percent in early trade. This is the biggest fall in a single day in the history of Pakistan’s stock market. Trading was halted for an hour due to the decline.
The index had closed at 168062.17 points in the previous session and fell to 152916.77 points in early trading today. It was trading at 157690.93 points at 11:35 am Nepali time. It decreased by 10371.24 points.
Earlier on Friday, the KSE-100 index was down nearly 2 percent. The decline was caused by border clashes with Afghanistan.
Stock markets around the world fell today after the US and Israel attacked Iran. –Agency
