On May 10, the ongoing air struggle between India and Pakistan was converted into a ceasefire. Since then, the stock market of both countries has seen a good rise. If we talk about Pakistan, then in these 50 days, there has been a tremendous increase in Pakistan’s stock market. The special thing is that after the ceasefire, Pakistan’s stock market has seen a rise of more than 17 percent. On the other hand, there has been an increase of more than 2 lakh crore Pakistani rupees in the value of Pakistan’s stock market. Experts are believed to have helped Pakistan from the World Bank and IFF. On the other hand, China and America have got support, due to this, the Pakistani stock market has seen a boom. Let us also tell you what kind of figures of Pakistani stock market have been seen in the last 40 days.
Bumper boom in Pakistan’s stock market
According to the data of Karachi Stock Exchange, the stock market has seen a good rise after ceasefire with India. On May 10, both countries became agri for ceasefire. Prior to this, on May 9, Karachi Stock Exchange closed at 107,174.64 points. Whereas on June 30, KSE has come to 125,723.05 points. This means that KSE 100 has seen an increase of 17.30 percent i.e. 18,548.41 points. At the same time, if we talk about the month of June, KSE 100 has seen a rise of 5 percent. During this time, 6,031.96 points have been seen. Which is very good growth.
How much increase in valuation
After the ceasefire, the valuation of Pakistan’s stock market has seen a very good rise in these 50 days. On May 9, the market cap of KSE 100 was $ 47.81 billion, which has increased to $ 56.09 billion on June 30. This means that in these 50 days, the valuation of Pakistan’s stock market has seen an increase of $ 8.27 billion i.e. 2.35 lakh crore Pakistani rupees. On the other hand, on May 30, the valuation of KSE 100 was $ 53.40 billion. In the month of June, it has seen an increase of $ 2.69 billion i.e. 77 thousand crore Pakistani rupees. According to experts, it can be seen in the coming days.
How much increase in India’s stock market
On the other hand, after talking about India’s stock market, after ceasefire, the major index of Bombay Stock Exchange has seen a rise of 5.22 percent. Talking about June, the Sensex has seen a jump of 2.74 percent. Due to which the market cap of BSE has seen an increase of about 45 lakh crore rupees in 50 days. On the other hand, in the month of June, the valuation of BSE has seen an increase of about 17 lakh crore rupees. At present, the market cap of BSE has increased to 4,61,16,672.35 lakh crore rupees.