Pakistan Stock Exchange Plunges as Middle East War Impacts Economy

The ongoing conflict in the Middle East continues to negatively affect the economy of Pakistan, with heavy losses recorded at the Pakistan Stock Exchange.

At the start of the first trading day of the week, the market opened on a negative note. The **PSX-100 Index** dropped by **9,780 points**, briefly trading at **147,715 points** during the session.

Meanwhile, the **KSE-30 Index** fell by **6.39 percent**, prompting authorities to suspend trading for **45 minutes** in accordance with market regulations.

The bearish trend had already been visible in the previous trading week, when the **PSX-100 Index** declined by **10,566 points**, closing at **157,496 points**.

During the week, the benchmark index moved within a **10,217-point range**, while around **3.28 billion shares** were traded with a total value of **181 billion rupees**. The market’s capitalization also dropped by **1,231 billion rupees**, falling to **17,698 billion rupees**. 📉💹