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News Topical, Digital Desk : Pakistan Stock Exchange: The effect of the increasing tension between India and Pakistan is being seen in the markets of both countries. During this geopolitical tension, the stock markets of both India and Pakistan are fluctuating. After the Indian Army took action under ' Operation Sindoor ', a huge decline was seen in the Pakistani stock market. In just three days, the market valuation has fallen by Rs 1.3 trillion.
Loss of 820 billion rupees in one day
On Thursday too, the KSE-100 index witnessed huge fluctuations during the day's trading. After the air strikes by the Indian Army, Pakistan's stock market fell by more than 6 percent. Due to this, trading had to be stopped for an hour. After the worst intraday fluctuations in the KSE-100 index so far, panic among investors increased so much that the market cap declined by Rs 820 billion in just one trading session. With this, the index also slipped by more than 6,400 points and reached its lowest level.
So much loss happened in three days
The market cap of Pakistan's stock market has lost a massive Rs 1.3 trillion in the last three trading sessions. The KSE-100 index witnessed a fluctuation of more than 10,000 points in Thursday's trading session, climbing to 1872 points at one point during the day and then falling to a low of 8,410 points.
Indian stock market also suffered losses
The effect of this tension is also being seen in the Indian stock market. Due to the all-round selling, stock market investors have suffered a loss of Rs 7 lakh crore in two days. Amidst this growing uncertainty, the market cap of companies listed on BSE has come down by Rs 7,09,783.32 crore to Rs 4,16,40,850.46 crore (4.86 trillion US dollars).
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