Pakistan's Stock Market Suffers Worst-Ever Crash Amid Middle East Tensions

KARACHI: Pakistan seems to be on the verge of an economic and political catastrophe. Today, as the market opened on Monday, the biggest crash in the history of the Pakistani stock market was seen. The leading index KSE-30 fell by 9.6% in just counting minutes, which forced the market to'lower circuit'and stop trading completely for 45 minutes. હતી.ઐતિહાસિક The crash and the attempted police attack on the index on Sunday caused investors to panic. According to Reuters, this is the worst single-day drop in the history of the Pakistani stock market. Although the market rose at the beginning of the year, today's shock washed away all the profits. છે.કેમ Three main reasons are attributed to this chaos in the market: 1. The Iran-Israel conflict: rising tensions in the Middle East and fear of American investor casualties. છે.વૈશ્વિક Violent protests in Karachi and protests against the US Consulate in Pakistan.