Pakistan Stock Market Plunges Over 1,600 Points
Pakistan’s KSE-100 Index plunged over 1,600 points amid geopolitical tensions, weak earnings, and economic uncertainty.
Analysts warn of prolonged volatility unless the government restores investor and policy confidence.
The Karachi benchmark KSE-100 Index witnessed a steep fall of more than 1,600 points, closing at 158,465, as investors reacted to worsening geopolitical tensions and underwhelming corporate earnings.
- Geopolitical tensions
- Weak earnings
- Economic uncertainty
Market sentiment remained deeply negative throughout the session, as concerns mounted over the strained relations between Pakistan and the Taliban, coupled with economic instability and political uncertainty.
Analysts said these factors have eroded investor confidence, prompting many to liquidate positions rather than risk further losses.
Author summary: Pakistan stock market plunges due to tensions.
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