Pakistan stock market shocked by Afghan Taliban government, investors exit by selling shares

Pakistani Prime Minister Imran Khan is worried about the Taliban’s return to Afghanistan after 20 years in power. At the same time, Pakistani investors have been shocked by this. Alam Investors who are betting on the Pakistani Stock Exchange are exchanging their shares.

Biggest recession after three months: The Karachi Stock Exchange (KSE-100), the main benchmark of the Pakistani economy, recorded the biggest downturn since the Taliban attack in Afghanistan on Monday. On Monday, the KSE-100 index fell 257.05 points, or 0.54 percent, to 46,912.79. This is the first time the Karachi Stock Exchange has closed below 47,000 since May 27. This declining trend is also seen in Tuesday’s trading. Local experts who oversee Pakistan’s stock market are also worried about the market’s growth.

Attack in 2020: There was also a terrorist attack on Pakistan’s Karachi Stock Exchange last year. A total of 6 people have died in the incident. However, the Balochistan Liberation Army claimed responsibility for the attack. Here we will tell you that in the year of Pakistan Stock Exchange, mainly the Karachi Stock Exchange is considered the benchmark. However, the Lahore Stock Exchange and the Islamabad Stock Exchange are also affected. In 2016, the three were merged and named the Pakistan Stock Exchange. Karachi Stock Exchange is Pakistan’s largest and oldest stock exchange. It lists more than 100 companies.

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Pak Prime Minister Maniac: However, Pakistani Prime Minister Imran Khan welcomed the Taliban’s occupation of Afghanistan. According to Imran Khan, what is happening in Afghanistan these days is like breaking the chain of slavery.

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