PSX sheds 15,000+ points as regional tensions trigger panic selling
“Pakistan’s KSE-100 index fell by over 15,000 points as investors reacted to heightened regional uncertainty tied to the US-Iran conflict.”
Key points
- Pakistan’s KSE-100 index fell by over 15,000 points as investors reacted to heightened regional uncertainty tied to the US-Iran conflict.
- Analysts cited panic selling and leverage-driven unwinding as key factors behind the steep decline.
Pakistan’s stock market started the week under heavy pressure as the benchmark KSE-100 index tumbled by more than 15,000 points, reflecting broad risk aversion amid escalating geopolitical uncertainty linked to the US-Iran conflict.
By midday trading, the KSE-100 had slipped to 152,991.15 points, down 15,071.01 points — a fall of 8.97% — compared with the previous close of 168,062.16.
Market participants pointed to widespread panic selling and leveraged positions being unwound, which amplified the decline. Topline Securities CEO Mohammed Sohail said the sharp drop was driven by fear-led liquidation, adding that uncertainty in the region further worsened sentiment.
Geo News is continuing to follow the situation and this report will be updated as more details become available.
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