KARACHI: The equity market has recovered early day losses following the news of retaliation by Pakistan and shot down two Indian aircrafts inside Pakistan.
The KSE-100 index is being traded at 37,723 points dwon 1,098 points or 2.83 percent at 12:16PM.
In response to PAF strikes this morning as released by MoFA, IAF crossed LOC. PAF shot down two Indian aircrafts inside Pakistani airspace. One of the aircraft fell inside AJ&K while other fell inside IOK. One Indian pilot arrested by troops on ground while two in the area, said GD ISPR.
Earlier in the day the stock market witnessed a decline of 1475 points.