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Pakistan Stock Exchange Plummets 6,482 Points Amid Rising Tensions
PSX suffers a sharp decline of 6,482 points, closing at 103,526. Market capitalisation drops by Rs 1.28 trillion in just three days.
ND
by News Desk
2025-05-08
Pakistan Stock Exchange Plummets 6,482 Points Amid Rising Tensions

Karachi: The Pakistan Stock Exchange (PSX) witnessed a drastic decline today, with the 100 index falling by 6,482 points, closing at 103,526. This comes after a previous dip of 3,559 points yesterday due to escalating tensions following Indian aggression.

Initial Gains, Then Sharp Drop

The market opened on a positive note after US President Donald Trump offered to help mediate peace between Pakistan and India, with the index rising by 1,800 points to 111,881. However, the optimism was short-lived, as Indian drone attacks intensified, causing the index to steadily decline.

The fall in the index triggered the Pakistan Stock Exchange’s rulebook, which mandated a one-hour trading halt after the SE 30 index dropped by more than 5% at 12:34 pm. Despite the pause, the index continued to spiral, reaching a low of 8,410 points, before closing at 103,526, down 6,482 points.

Record Fall in a Single Day

This represents a record drop for the PSX, marking the largest single-day fall in the 100 index. The index has now fallen by 17,269 points from its high on April 4.

Market Statistics and Losses

The total volume of shares traded today was 653.3 million, valued at Rs 35 billion. Market capitalization decreased by Rs 1.28 trillion over the past three days, now standing at Rs 12,525 billion.

Since the Pahalgam incident on April 22, the PSX has fallen by 12.6%, with a cumulative drop of 14,904 points.

Impact on Investors and Market Sentiment

The sharp drop has left investors anxious, with concerns about the political and security situation negatively impacting market confidence. The ongoing tensions between Pakistan and India continue to weigh heavily on the market, leading to heightened volatility.
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PSX

PakistanStockExchange

StockMarketCrash
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