India, May 8 -- Trading in the Karachi stock exchange was halted for an hour on Thursday after the benchmark index KSE-30 dropped to 7.2 per cent lower and KSE-100 fell by 6.61 per cent, after the Indian military carried out strikes in Pakistan.

Since the Pahalgam attack on April 22, Pakistan's KSE-30 index has lost 12.75 per cent of its value, while the KSE-100 also fell by a similar value. This is the fourth straight session of losses in Pakistan's stock market.

The country's benchmark share index closed down 3.1 per cent after opening down almost 6 per cent on Wednesday, following strikes conducted by India on "terrorist infrastructure" in Pakistan under Operation Sindoor.

India has also launched drone strikes in major Pakistani cit...