Bears seized the negotiation floor on Monday in the Pakistan Bag (PSX) when the actions proceeded to reject 1,100 points in the intra -trade trade.
The KSE-100 reference index decreased 1178.46, or 1.03 percent, to stand at 113,077.26 points at 12:50 AM from the last closure of 114,255.72 points.
While talking with Dawn.comAwais Ashraf, Research Director in AKD Securities, said: “Investors are concerned about the potential imposition of Trump’s commercial tariffs and the suspension of foreign aid.”
“We anticipate that these rates will boost the highest United States inflation while cushioning economic growth, which could lead to a decrease in the prices of basic and higher products for longer interest rates,” he said.
In the economy promoted by the importation of Pakistan, Ashraf stressed that the country was positioned to “win from [the] The decrease in basic products prices, while the suspension of foreign aid has a minimum impact on financial entries. ”
In addition, he said he did not anticipate any special tariff on exports of the country “due to its limited scale and the focus on essential goods.”
For the fiscal year (fiscal year) 2025, he stressed that the total subsidies were budgeted at $ 176 million, which represented only 1 percent of the external financing objective of $ 19.34 billion.
“Interestingly, the country has already received US $ 38.3 million in subsidies from the USA.
“In addition, no bilateral loans from the United States are planned for fiscal year 2015,” he said.
After solid actions in the last five months, the PSX became bass in the first month of 2025 due to uncertain global and internal political scenarios after the execution of Donald Trump’s policy in the United States, which includes promoting the manufacturing sector of The United States by imposing import rates on its main business partners.
The Trump administration has imposed tariffs on Canada, Mexico and China, as of February 1, which can trigger a commercial war, alter the global trade balance and cause consequences.
However, Pakistani actions remained depressed in the last two weeks of January, pushing the stock market to the red zone.
In the midst of the situation, nerve investors continued to discharge their holdings in the context of the uncertain economic and political situation, which was well reflected in the lack of tax collection projections, the fall in currency reserves, the weakest rupe The contraction of large -scale manufacturing despite mass rates cuts for the last seven months, carrying the policy rate of the State Bank of Pakistan to 12 percent of an unprecedented level of 22PC in June 2024 in six intervals.
Export -related actions, the coins collapse in Trump’s ‘America First’ movement
Emerging Asian currencies and actions fell on Monday after the president of the United States, Donald Trump, slapped tariff Export -centered economies in the region.
The markets were fallen in Asia, with the actions that depend on the exports that are getting most, ranging from Japanese car manufacturers to chips manufacturers in Taiwan, South Korea, to Chinese electronic commerce companies.
As Trump had promised last month, the United States arrived in Canada and Mexico with duties of 25 percent and China with a tax of 10 percent, with retaliation movements promised immediately by Canada and Mexico, the two main US commercial partners.
China said it would challenge Trump’s taxes in the World Trade Organization.
The reality of a commercial war sent the Mexican peso to its lowest in almost three years, the Canadian dollar to a low -cost Yuan of 22 years and a minimum record.
All coins in Asia collapsed, with Thai Baht and Indonesian rupe among the main losers.
“In the coming weeks, tariffs are likely to represent a cantilever in the markets and contribute to volatility, at least until investors obtain greater clarity on the road and the destination of the United States commercial policy,” said the UBS analysts.
The markets in Taipei fell 3.5 percent, while Seoul was lower 2.5pc, heavy by exporters. Samsung Electronics and Taiwan semiconductor manufacturing CO (TSMC) chips exporters yield 2.7pc and 5.7pc, respectively.
TSMC was seen updating with the general sale of actions in artificial actions related to intelligence last week, when Taiwan was closed by the New Year lunar.
Bangkok shares quoted around a minimum of more than five years. The actions in Yakarta lost 2.2pc in their weakest negotiation session in six months.
The coal of heavyweight Adaro Andalan and Adaro Minerals fell 4.5pc and 8pc each, dragging the local reference point. Indonesia, the largest economy in Southeast Asia, reported annual inflation below the target range of the Central Bank, a sign that a surprise policy that decreased last month increased spending and reinforced the case for another rate cut.
The Rupiah was quoting 0.9pc lower against Greenback. The Indian rupee was further weakened to a new minimum, since investors bet on rates cuts by the local central bank. The Filipino weight and the Ringgit de Malaysia fell 0.4pc and 0.8pc, respectively.
More to follow
