Geopolitical Tensions Shake Pakistan’s Stock Market: KSE-100 Index Plummets 3,300 Points

The KSE-100 index of the Pakistan Stock Exchange faced a dramatic plunge of 3,300 points, marking a 2.77% drop, amid escalating geopolitical tensions between India and Pakistan. This sharp decline followed statements from Pakistan’s Information Minister, citing intelligence reports of potential military action by India in response to the Pahalgam terror attack. Key stocks, including AGP, Nishat Mills, and Pioneer Cement, saw significant losses of 6-10%. Meanwhile, India’s markets remained relatively stable, with the BSE Sensex showing minimal impact. As defense stocks in India gained traction, the situation underscores the profound influence of geopolitical developments on financial markets. Explore the intricate dynamics of this unfolding story and its implications for regional stability and investor sentiment.

Read More