Pak’s key stock index dives by nearly 800 pts
Pakistan’s stock exchange shed nearly 800 points on the KSE 100-index after Donald Trump’s stunning victory over Hillary Clinton in the US presidential elections. Trump relied heavily on anti-Muslim rhetoric
during his election campaign and has pledged to ban the entry of Muslims in the US.
Stock market dealers said the Karachi Stock Exchange, which is now renamed the Pakistan Stock Exchange, had lost around 770 points or 1.8 per cent since early morning trading. Many Pakistanis consider Trump as no friend of Muslims or Pakistan and fear his reckless policies could wreck the world’s top economy and hit