Pakistan Stock Market: Karachi-100 Index Turns Negative, Takes Losing Run To 5th Day

A betterment connected Pakistan's Karachi-100 scale proved short-lived connected Friday, arsenic nan scale slipped into nan reddish aft rising astir 1,700 points. KSE100 has now taken its losing-run to nan 5th consecutive session, arsenic tensions pinch India, on pinch macro-economic concerns, travel to haunt Pakistani investors. During nan five-day period, nan 100-pack scale has entered nan correction mode, falling 10 per cent.

At 11 americium IST, nan 100-pack scale was trading astatine 1,02,635.25, down 38 points aliases 0.04 per cent. In India, nan BSE Sensex fell 811.25  points, aliases 1.01 per cent, to 79,515.81. Nifty was trading astatine 24,014.50, down 259.30 points aliases 1.07 per cent. This was successful summation to nan fag-end trading seen connected some nan indices connected Wednesday.

Investors successful Pakistan turned jittery aft nan Pakistani benchmark scale tumbled 5.89 per cent nan erstwhile time amid reports of Indian Armed Forces targeted Air Defence Radars and systems astatine a number of locations successful Pakistan. 

The Economic Affairs Division of nan Pakistan authorities has reportedly asked for a bigger dole from its world partners, citing dense losses pursuing nan retaliation by Indian forces. This comes up of Pakistan’s gathering pinch nan International Monetary Fund coming that will reappraisal nan extended backing installation to Islamabad. 

Pakistan's benchmark banal scale Karachi-100 scale has shaved astir 15,800 points disconnected its worth ever since Pakistan-sponsored terrorists killed 26 visitors successful Kashmir's Pahalgam connected April 22. The 100-pack scale has fallen 13.33 per cent, arsenic investors location fret complete retaliation from India successful days to come. 

On May 7, India launched Operation Sindoor connected 9 panic targets successful Pakistan and Pakistan-occupied Kashmir. On May 8, large explosions were heard successful Karachi and Lahore, which led KS100 tumbling.  There were reports that Indian Armed Forces targeted Air Defence Radars and systems astatine a number of locations successful Pakistan. 

Published on: May 9, 2025 10:57 AM IST