KSE-100 sheds nearly 2,000 points as investor fears drive sell-off
The Pakistan Stock Exchange (PSX) experienced a steep sell-off on Friday, with the benchmark KSE-100 Index plunging by 1,950 points as rising geopolitical tensions in the Middle East rattled investor confidence.
The sharp decline reflects a broader risk-off sentiment, as regional instability—particularly the intensifying conflict between Iran and Israel—has raised alarm bells across global markets. Investors in Pakistan responded by offloading positions, pushing the index to one of its worst single-day performances in recent months.
Analysts say the sudden dip was primarily driven by fears of further escalation and its potential economic fallout, including pressure on oil prices, currency markets, and foreign investor sentiment. Sectors across the board, particularly banking, energy, and cement, bore the brunt of the downturn.
Market watchers are now eyeing regional developments closely, warning that continued uncertainty could keep the PSX under pressure in the near term.
