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KSE-100 crashes over 15,000 points during early trading
dawn38d ago

KSE-100 crashes over 15,000 points during early trading

Pakistan’s benchmark index, KSE-100, crashed over 15,000 points shortly after market open on Monday, causing trading to be halted temporiality.When trading resumed around 10.30am, the index was down 12,334.88 points from its previous close of 168,062.16 points, marking a fall of 7.34 per cent.The sharp plunge comes as regional geopolitical tensions spiked over the weekend as the United States and Israel on Saturday launched what they described as a “pre-emptive” joint strike against Iranian targets, with US President Donald Trump announcing the start of “major combat operations”.The tensions have caused Brent crude to jump 10pc to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100.

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hamariweb38d ago

Historic Decline at Pakistan Stock Exchange – KSE-100 Index Plunges

Pakistan Stock Exchange faced a massive crash today. Trading halted due to a sharp drop in KSE-100 Index by over 15,000 points. This follows attacks on Iran by Israel and the United States. Investors panicked amid regional tensions. Market resumed after a 45-minute suspension. Pakistan Stock Exchange crash hit hard today. Trading halted at Pakistan [...]

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Asian Paints, other paint stocks plunge up to 6% as Israel-Iran war fuels rally in crude oil prices: What lies ahead?
economictimes_indiatimes38d ago

Asian Paints, other paint stocks plunge up to 6% as Israel-Iran war fuels rally in crude oil prices: What lies ahead?

Paint stocks like Asian Paints and Indigo Paints plunged up to 6% as crude oil prices surged due to escalating Middle East tensions following attacks on Iran. The conflict, particularly around the Strait of Hormuz, has raised concerns about oil supply disruptions, directly impacting paint companies reliant on petroleum-based derivatives and pressuring their profit margins.

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Airline & Travel Stocks Plunge 11% As Middle East Conflict Triggers Airspace Closures & Booking Cancellations
freepressjournal38d ago

Airline & Travel Stocks Plunge 11% As Middle East Conflict Triggers Airspace Closures & Booking Cancellations

Shares of Indian airline and travel companies crashed in early trade on March 2, 2026, amid escalating US-Israel-Iran conflict, causing widespread Middle East airspace closures. InterGlobe Aviation fell 7.50 percent, SpiceJet 7.27 percent, Yatra Online 11.14 percent, Easy Trip Planners 9.39 percent, TBO TEK 8.19 percent, and Thomas Cook 5.40 percent. Broader markets also declined.

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Billionaire Jain bets on India’s wealth boom to hire, woo assets
economictimes_indiatimes38d ago

Billionaire Jain bets on India’s wealth boom to hire, woo assets

Nirmal Jain plans to significantly expand IIFL Capital Services. Assets are set to double and the number of advisors will triple within two years. This growth targets India's rapidly expanding wealthy population. The firm is actively hiring relationship managers to meet this demand. Competition for affluent clients is increasing across the financial sector.

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