Pakistan Stock Market Plunges Over 15,000 Points Amid Middle East War Fears
The escalating war situation in the Middle East has triggered severe negative repercussions for the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index recording a massive decline of more than 15,000 points.
At the start of the trading week, the market opened in deep negative territory. The KSE-100 Index plunged by 15,344 points, bringing it down to 152,717. Shortly afterward, the index showed slight fluctuation but remained sharply lower, standing at 153,329 — still down by 14,733 points.
Following an 8.97 percent drop in the KSE-100 Index, a circuit breaker was triggered, resulting in a 45-minute suspension of trading. Similarly, the KSE-30 Index also fell by 9.42 percent, prompting another 45-minute halt in trading activity.
Market analysts attribute the steep decline to investor panic and uncertainty stemming from geopolitical tensions in the Middle East, which have shaken investor confidence and intensified selling pressure across key sectors.
