Why do Pakistanis explode crackers? Such a celebration of the ceasefire … this is the real reason – the KSE100 provokes 9900 points within 9 percent, as Pak investors cheer India ceasefire Tutta
The impact of tension between India and Pakistan was seen on the stock markets of the two countries. But once the ceasefire comes into effect, there is a strong rise in the stock market. Pakistan’s stock market is more excited than India. On Monday, about 9% of the Karachi Stock Exchange’s Stockmark Index.
Not only that, but suddenly due to the top round of the index, the trading had to be stopped for an hour. The KSE100 code rose 9% or 9,928 points to 117,104.11 during trading.
Bounce
In fact, there are two main reasons for the increase in the Pakistan Stock Exchange, first- the ceasefire agreement is more important than India, because if the war with India, Pakistan has been financially destroyed, while India will lose less economic loss than Pakistan. Pakistan may have problems with the help of international organizations, as Pakistan’s economy operates with the help of others.
In addition, the second main reason for the increase in the Pakistani stock market has been recognized by the International Monetary Fund. The International Monetary Fund has approved the International Monetary Fund after the International Monetary Fund has issued $ 2.3 billion. India withdrew itself from voting for the bailout of the IMF, which means that India opposed it.
Will be destroyed by the war of Pakistan
Due to the news of these two reliefs, there is a strong rise in the Pakistani stock market. The KSE100 was traded at around 8.79% at 12.45 pm on Monday. Last week, the Pakistani stock market continued to decline.
On May 8, I will tell you that the Pakistani stock market is shouting. The KSE100 code fell to about 7 percent. Because of that, the trade had to be stopped. Despite a small recovery on May 9, the end of the business of business was closed on Friday.
Pakistan cannot compete with India
The Pakistani stock market is in poor condition due to problems such as inflation, unemployment and financial crisis. But the market has been recovering a little over the past one year. The KSE -30 Index has risen to more than 33% in the last year, and the Karachi Stock Exchange’s market capacity is just $ 20.36 billion, while India’s stock market exceeds $ 4 trillion and is one of the world’s top 5 stock exchanges. More than 5,000 companies in India are listed, and this number is less than 500 in Pakistan.
It is noteworthy that after the announcement of a ceasefire between India and Pakistan, Pakistan investors have fallen a few days after the ceasefire between the two countries, and the impact of the celebration is celebrated when the investors are celebrated and the investors celebrated.
