Kathmandu. The Pakistan Stock Exchange (PSE) has seen a declining trend. In the initial phase of today’s trading, there has been a decline of more than 2500 points.
The Pakistani stock market opened in a negative trend in the morning. Both institutional and retail investors are selling shares in the market.
Market analysts attribute the fall in the stock market to the rising tensions between Pakistan and India after last week’s terrorist attack in Pahalgam in Jammu and Kashmir. Market analyst Shaharyar Butt told BBC Urdu that rising tensions between Pakistan and India and fears of war in the region led to the fall in the stock market.
“Pakistan’s Information Minister Ataullah Tarar has said that India plans to take military action against Pakistan in the next 24 to 36 hours, which has had a negative impact on the stock market. ’
