Pakistan Stock Market Plummets Amid Global Political Turmoil

Karachi: The most serious impact of the turmoil in global politics has been seen on the stock market of Pakistan. As the Karachi Stock Exchange (PSX) opened on Monday morning, there was panic among investors, which caused the benchmark KSE-100 index to collapse like a palace of cards. Only in the early hours, the index suffered a shocking fall of more than 5,000 points. હતો.ટ્રમ્પનો The order and the main reason behind the crash in the market is a tough decision of US President Donald Trump. As the peace talks with Iran failed, Trump has ordered a blockade of Iranian ports. As soon as this news spread, investors started an aggressive sell-off, which caused the KSE-100 index to slide to a low of 161,638. However, in the second half of the day, the market showed a partial recovery, crossing the 163,000 level, but the instability remained. હતી.તેલના On the way: The threat of US oil spills in the Strait of Hormuz, which is the most important regional shipping route, including the Strait of Hormuz.