
As conflict roils markets, pain will be felt widely
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Bloodbath at PSX as region reels from fallout of war
• Index sees unprecedented plunge of over 16,000 points, inflicting Rs1.7tr loss in a single day • Conflict shakes investor confidence as they lose over Rs4 trillion since January peak KARACHI: The Pakistan Stock Exchange (PSX) on Monday witnessed the steepest single-day plunge, which inflicted unprecedented losses of Rs1.74 trillion on panicky investors who rushed to exit as the assassination of Iran’s supreme leader, Ayatollah Ali Khamenei, in airstrikes by the US and Israel sabotaged Middl...
By none@none.com (Muhammad Kashif)
Read full article →As conflict roils markets, pain will be felt widely
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