April 8, 2025
admin
Pakistan Stock Exchange suspends trading
(20 second reading) Pakistan’s benchmark share index- Karachi Stock Exchange (KSE)- slumped 6 per cent, or more than 7,200 points on Monday following the tumble in global markets, which led to suspension of trading in the index. A 45-minute market halt was triggered amid the rampant selloff across the globe.
The benchmark index rose last week after Pakistan slashed energy tariffs for domestic and industrial users, despite global markets plunging following the US decision to place new tariffs on trade with countries. However, the index managed to post marginal recovery as the trading resumed.
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