On Monday, the trading was halted in Pakistan Stock Exchange as the KSE 100 Index faced one of the biggest declines.
The index began tumbling as soon as the trading started. However, there is a panic among investors in Pakistan and all around the world due to the threat of Coronavirus or Covid-19. As the numbers of cases are increased in Pakistan and other countries, investors are more inclined towards the dump and run approach.
The high selling pressure was caused a halt to trading activity for about 45 minutes, the 4th in 2 weeks. However, the trading automatically stopped as the KSE 30 Index also fell by 5% and failed to recover losses within the 5 minute window.