Pakistan Stock Exchanged Crashed: Down 1350+ Points

[muhammadhafeezmalik]

Pakistan Stock Exchanged Crashed: Down 1350+ Points
https://www.psx.com.pk/

 

[Śakra]

@BHarwana

 

[jaiind]

why these south aisan stock markets are going down badly these days?

 

[Aryan0395]

Well reserves were already falling and this must have something to do with FATF team in pak checking into terror financing

 

[Path-Finder]

https://twitter.com/x/status/1049230146153197569

 

[BHarwana]

@BHarwana

I just liquidated my stocks to reinvest them in accordance to new PTI govt policy in pro export business nothing to worry about it will change soon.

 

[Śakra]

I just liquidated my stocks to reinvest them in accordance to new PTI govt policy in pro export business nothing to worry about it will change soon.

Did you sell before the crash or during? Looks like pakistan's economy is collapsing.

 

[BHarwana]

Did you sell before the crash or during? Looks like pakistan's economy is collapsing.

I sold before the crash. Pakistani economy is under no threat from stock market remember your own words our volume is so little on the stock exchange. Hehehe

 

[Death Professor]

Did you sell before the crash or during? Looks like pakistan's economy is collapsing.

 

[SunilM]

Did you sell before the crash or during? Looks like pakistan's economy is collapsing.

What I find weird is that this does not even elicit a response from the main stream media. its a 1500 points drop in a single day!.

 

[Śakra]

I sold before the crash. Pakistani economy is under no threat from stock market remember your own words our volume is so little on the stock exchange. Hehehe

Good.

I believe my words were the pakistani stock market is undeveloped. It doesn't necessarily reflect the ground reality. However, when you combine this crash with your horrible balance of payment and Forex amongst other declining indices, it paints a very bleak picture of your economy.

What I find weird is that this does not even elicit a response from the main stream media. its a 1500 points drop in a single day!.

It is an undeveloped market so no one is looking at it seriously. But, as my above comment points out in combination with other evidence it isn't a good sign.

 

[Baby Leone]

lol i see indians worry on Pakistan Economy seems thats a joke with their fake worrisome ugly faces with happiness inside.

 

[nahtanbob]

why these south aisan stock markets are going down badly these days?

emerging markets are getting dinged
it might be a good opportunity to buy

 

[Death Professor]

it will probably dip a little more before rising up. it's probably because of uncertainty on the IMF loan, it will start to rise again after we into IMF plan. No need to worry about..

 

[SunilM]

It is an undeveloped market so no one is looking at it seriously. But, as my above comment points out in combination with other evidence it isn't a good sign.

I am with you that its underdeveloped and infact thinly traded with a meagre market cap, so International media won't loose much sleep over the happenings in Pakistan and its economy but atleast the domestic media should do its job. My two cents.