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Suspense crime, Digital Desk : The KSE-100 index lost 3,519.24 points on Wednesday, closing at 111,352.94, a decrease of 3.06% (or 3,519.24 points). This plunge in the Pakistan Stock Exchange (PSX) can be attributed to concerns regarding India’s potential military response after the recent Pahalgam attack in Jammu and Kashmir.

Investor sentiment plummeted significantly over fears of increasing geopolitical rivalries between India and Pakistan, resulting in the subsequential downturn of the benchmark index throughout the day. Midweek Wednesday saw trading begin at 114,872.18, only to drop to an index low of 111,352.94 at 4 PM, closing at the lowest benchmark index in 2 years.

Wars Waged Manually

Market reports indicated that information breach alongside disregard for humanitarian issues led to sudden shock response based on the underlying expectation that Allied nations would intervene in response to Indian aggressions. “All this panic was caused by India making preemptive decisions to escalate,” an unnamed expert cited.

Pakistani officials have yet to release substantiating claims regarding warfare. Against all evidence, Information Minister Attaullah Tarar publically claimed “Pakistan has credible information” indicating action would be undertaken in “24 to 36 hours”.

Global Trading: Bonds Prices Deprecated Alongside

Expectations regarding international equities were further dismayed when the 2036 bond dropped to 71.85 cents on the dollar, down 1.3 cents, which resulted in the most disadvantaged position against Tradeweb.

India Responds to Pahalgam Attack – ‘Strategic’ Meetings and Global Relations on Damage Control

The April 22 attack which claimed the lives of 26 individuals merited a sweeping response from India, including:

IWT Suspension – India Pakistan Relations Strained Further

Evaporation of all non-diplomatic Visa Issuance to Pakistan

Pakistan stands accused of cross-border terrorism

Modi has seen fit to convene all his close aides for a deep dive session which includes:

Council of the Cabinet Committee on Political Affairs (CCPA)

Cabinet Committee on Economic Affairs (CCEA)

Cabinet Committee for Strategic Security Heads (CSS)

The meetings conducted at PM Modi’s 7 Lok Kalyan Marg residence suggest the groundwork for consolidating power is building unlocksed remote. Externally, this is an uncontrolled response to ongoing geopolitical shifts. Internally, triggered by the Pahalgam terror attack.


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