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Trade halted at Pakistan stock exchange after index slumps more than 5%

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KARACHI : Pakistan’s benchmark share index slumped 5 per cent on Monday following the tumble in global markets.

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A 45-minute market halt was triggered following the slump.

The benchmark index rose last week after Pakistan slashed energy tariffs for domestic and industrial users, despite global markets plunging following the U.S. decision to place new tariffs on trade with countries.

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