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Our Correspondent in Karachi
Pakistan's three stock exchanges will be shut from Monday to Wednesday to avert a further decline in sentiment amid fears that the US will retaliate against neighbouring Afghanistan for Tuesday's terrorist attacks.
Officers of the Karachi, Lahore and Islamabad stock exchanges met with securities regulators in Lahore and plan to meet with Pakistan Finance Minister Shaukat Aziz in Islamabad on Monday to discuss steps to reassure investors, the exchanges said in a statement.
Pakistan's benchmark 100-stock Karachi Stock Exchange Index has fallen 8.4 percent since Tuesday, when terrorists hijacked four planes, destroyed the World Trade Center in New York and damaged the Pentagon near Washington. More than 5,000 people are missing following the attacks.
The Attack on America: The Complete Coverage
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