By Admin 
Pakistan Stock Market: There is chaos in Pakistan’s stock market after the attack on Pahalgam and ‘Operation Sindoor’. Pakistan’s stock market recorded a huge decline on Thursday. Today, trading in the stock market was banned after more than 7 % decline in Pakistan’s benchmark index KSE-30.
India took revenge for Pahalgam attack
26 innocent people were killed in a deadly terrorist attack on April 22 in Pahalgam, Jammu and Kashmir, most of whom were tourists. On the 15th day of this attack, the Indian Army completely destroyed the 9 bases of terrorists in Pakistan and Pakistan -occupied Kashmir and completely destroyed the Pahalgam attack. The Indian Army carried out this action under Operation Sindoor.
Now Pakistan is waiting for May 9
On Thursday, the KSE-100 index also fell over 5 % (about 6,000 points) to around 104,087. Now investors are waiting for the decision of the International Monetary Fund (IMF) tomorrow. The IMF Executive Board meeting is to be held on May 9 with Pakistani officials.
In this, a loan being given to Pakistan will be reviewed through the 7 billion $ 7 billion Extest Fund Facility (EFF) program. Its first installment has already been given to Pakistan and now the remaining 6 billion dollars are to be given in the coming 37 months. Apart from this, under the Climate Rejylines Loan Program, Pakistan will be given $ 1.3 billion (about Rs 11,000 crore), it will also be reviewed tomorrow.
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