{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Effect on Pakistan stock market after talk of a state of emergency declaration' data-url='/boclips/videos/5c54bb65d8eafeecae124c5e' data-video-url='/boclips/videos/5c54bb65d8eafeecae124c5e' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nEffect on Pakistan stock market after talk of a state of emergency declaration\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Exterior of Karachi Stock Exchange 2. Inside the Karachi Stock Exchange 3. Wide of trading hall, investors in the hall4. Karachi 100-share index close5. Trader speaking on a telephone6. Wide of a trading room at a brokerage house7....\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Exterior of Karachi Stock Exchange \u003cbr/\u003e2. Inside the Karachi Stock Exchange \u003cbr/\u003e3. Wide of trading hall, investors in the hall\u003cbr/\u003e4. Karachi 100-share index close\u003cbr/\u003e5. Trader speaking on a telephone\u003cbr/\u003e6. Wide of a trading room at a brokerage house\u003cbr/\u003e7. Various of depressed brokers\u003cbr/\u003e8. SOUNDBITE (English) Zafar Moti, Broker at Karachi Stock exchange:\u003cbr/\u003e\"Since last night, we are waiting for the news whether the declaration of emergency has been enacted or not. But up till now there is no news, and this uncertainly has proven, by default, a kind of freefall in the stock market. And because of that we have witnessed almost 600 points' decline in the market since morning and at one time there was a breach of 13,000 index, which was technical price flooring for the market. But after some time there was a little bit of clarity regarding emergency, the market has bounced back a little bit. Still it is in the minus point and almost 20 billion rupees worth of market capitalisation has been wiped out.\"\u003cbr/\u003e9. Close up of Moti's hands\u003cbr/\u003e10. Various broker on trading floor\u003cbr/\u003ePakistan's stock market dropped sharply on Thursday over fears that the government was set to impose a state of emergency, but rebounded slightly after a government minister announced that Pakistani President Musharraf had decided against it.\u003cbr/\u003eLate on Wednesday, speculation grew that Musharraf, a military leader whose popularity is dwindling as he seeks another five-year presidential term, would impose an emergency state in his bid to stay in power.\u003cbr/\u003eTariq Azim, the deputy information minister, said early on Thursday that a state of emergency could not be ruled out because of \"external and internal threats\" and deteriorating security in Pakistan's volatile northwest near the Afghan border.\u003cbr/\u003eInvestors panicked as speculation grew that an emergency could be imminent grew after Musharraf on Wednesday abruptly pulled out of a meeting in Kabul with more than 600 Pakistani and Afghan tribal leaders, phoning Afghan President Hamid Karzai to say he couldn't attend because of \"engagements\" in Islamabad. \u003cbr/\u003e\"Uncertainly has proven, by default, a kind of freefall in the stock market,\" said Zafar Moti, a broker at the Karachi Stock exchange.\u003cbr/\u003e\"We have witnessed almost 600 points decline in the market since morning and at one time there was a breach of 13,000 index, which was technical price flooring for the market.\u003cbr/\u003eThe Karachi 100-share index closed down on Thursday 382.48 points at 13181.94 from a high of 13564.42. \u003cbr/\u003eAt its lowest point today the index fell to 12947.55. \u003cbr/\u003eMoti said that the market rebounded slightly after the government confirmed that it would not be imposing a state of emergency. \u003cbr/\u003eHe added that almost 20 (b) billion rupees (332 (m) million US dollars) worth of market capitalisation had been lost.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex 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