Stock Exchange fells 700 points after announcement of Musharraf trial

[Zarvan]

Stock Market has fallen 700 points after Nawaz announced that Musharraf would be tried under Article 6

 

[notsuperstitious]

Mumbai stock exchange has also fallen some 1500 points in the last one month for the same reason, nothing to do with global economic shocks.

 

[EagleEyes]

Mumbai stock exchange has also fallen some 1500 points in the last one month for the same reason, nothing to do with global economic shocks.

India?

Sarcasm?

 

[Jango]

I remember alot of people said immediately after the elections that 'Nawaz Sharif has become PM that's why, people love him'.

Don't see a similar response this time around!

Point is, the stock market, especially Pakistan's is no barometer for good economic structure or environment.

 

[notsuperstitious]

India?

Sarcasm?

Mmmm, yes, kinda far fetched to link musharraf, who did not have and in foreseeable future has no chance of coming to power and his trial with a fall in stock exchange, particularly when stock markets are falling in many markets.

No reasoning provided.

 

[Slav Defence]

Stock Market has fallen 700 points after Nawaz announced that Musharraf would be tried under Article 6

And why are you so sure that fall of 700 points has to do something with Musharraf's trial?

 

[Spring Onion]

And why are you so sure that fall of 700 points has to do something with Musharraf's trial?

The political situation drives KES bulls and bears.

uncertainity gives it a big dip

 

[truthseer]

US stock markets fall sharply over Fed comments and China growth concerns | Business | guardian.co.uk

Definitely!

Just look at that US stock markets fell too, Mushy's arrest has far reaching consequences

 

[Sher Malang]

So Musharaf worth only 700 points in Pakistani markets?

 

[Bratva]

So Musharaf worth only 700 points in Pakistani markets?

At Least musharraf is more popular then mayor of kabul

 

[Sher Malang]

At Least musharraf is more popular then mayor of kabul

Guess what? The mayor of Kabul hits the Washington stock market

 

[chauvunist]

Guess what? The mayor of Kabul hits the Washington stock market

Hit with the fart or what....

 

[Sher Malang]

Hit with the fart or what....

No he doesn't like to eat daal

 

[chauvunist]

No he doesn't like to eat daal

But aash mantoo has even worst record...

 

[Sher Malang]

But aash mantoo has even worst record...

No, as long as you don't mix daal with it