INSUBCONTINENT EXCLUSIVE:
The latest import tariff measures introduced by US President Donald Trump on April 2 have triggered a global economic crisis, sending
shockwaves through financial markets around the world.Several international stock markets have experienced sharp declines, with Asian
Following the announcement of the tariff decision, the CSE has suffered a significant downturn, recording a wipeout for three consecutive
trading days.At the close of trading on April 2, the All Share Price Index (ASPI) stood at 16,007.44 points
trading days.Meanwhile, the total market capitalization of the CSE, which was Rs
5,688.56 billion as of April 2, fell to Rs
5,253.18 billion by April 7
This represents a staggering wipeout of Rs
435.37 billion in market value over the three-day period.Notably, the market was wiped out by Rs
227 billion on April 07 alone, underscoring the severity of the market reaction.
