Pakistan Stock Market Crashed again

[SecularNationalist]

No problem

Ishaq Dar is "samdhi" of Nawaz Sharif

He has right to f*ck Pakistani economy as much as he wants to

Yeah a federal minister with a impunity to do corruption.
Pen yakki te naukri pakki.

 

[ghazi52]

,..,

Market bloodbath: KSE-100 plunges over 1,300 points as economic concerns mount​

• Investor sentiment hit over government-IMF stalemate, political upheaval
• Benchmark index closes at 30-month low

Massive economic uncertainty and depressed investor sentiment enveloped the Pakistan Stock Exchange (PSX) on Tuesday as the KSE-100 Index plunged over 1,350 points to settle just over the 38,300 mark.

Stalemate over talks with the International Monetary Fund (IMF) with regard to resumption of the bailout programme played on investors’ mind, who remained concerned over Pakistan’s economic outlook as well.

At close, the KSE-100 Index was down 1,378.54 points or 3.47%, hovering around the 38,342.21 mark. This is the benchmark index’s lowest level in 30 months.

 

[SD 10]

All of this on one institution... GhQ!!! we will never forget or forgive!

 

[N.Siddiqui]

Where have you been since the installation of PDM government?

About anything particular happened today and the new market sentiments of going bearish. The stalemate in IMF talks looks to be the reason now.

Could be the artificial induced win of PPP in the local bodies elections, the sentiments will always be negative with imposed govts. without any mandate, the political instabilty leads to economic instabilty, this simple equation is not understood by the braindead fascist Generals sitting at the GHQ.

Still doing political engineering and this has ruined and devastated the economy. A government without the popular mandate is a recipe for disaster. Mil-Establishment thinks otherwise.

 

[fatman17]

The carpetbaggers have looted enough to to last them till judgement day. They will run abroad, but what about the institution? How will it survive without a host to leech on?

I mean, pragmatically speaking, you would expect them to guard Pakistan's interest out of their own selfish interests, which is exactly why it shocks one the most to see their role in all of this.

You would think they would understand that a Pakistan under an assertive Imran Khan, with less overtly political role for them will be better than no Pakistan at all.


Shukar kar, bhai khud bahir betha he.

Hum jo idhar hn, hamari investment chor ke zindagi barbad ho rhi he.

The institution is unfortunately part of the carpetbeggars

 

[epebble]

What are the reasons for this bloodbath in PSX.

Market has concluded there will be a great depression. Pretty much all import dependent businesses will close down. Many permanently. Once the skilled workers move on to do something else to earn a livelihood (like subsistence agriculture - chickens, goats, growing vegetables, keeping dairy cows), one can't put back a business easily.