PSX Nosedives by 8,400 Points Amid India-Pakistan Tensions and National Security Worries

The Pakistan Stock Exchange (PSX) experienced a historic collapse today as the benchmark KSE-100 index dropped by over 8,400 points, closing at 101,600. The market, which began the day on a positive note with a surge of over 1,800 points, turned sharply negative due to growing geopolitical tensions and unsettling national developments.

The turning point came after reports of Pakistan shooting down an Indian drone and the subsequent press conference by DG ISPR, which triggered widespread uncertainty among investors. This led to a massive sell-off, reflecting a lack of confidence in market stability.

Economic analysts stated that investors responded to geopolitical risk by pulling their funds out of the market, resulting in an unprecedented market dip. The situation has wiped out billions of rupees in investor wealth.

Experts are calling for immediate measures to restore investor confidence and stabilize the market, warning that continued political and regional instability could further damage economic sentiment.