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 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.
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's summary: Pakistan's stock market plunges due to tensions and weak earnings.