Pakistan's KSE-100 Index fell sharply on Wednesday, shedding nearly 2,300 points as investors fled equities amid escalating tensions between the United States and Iran.
The benchmark index hovered around 179,972.52 during the session, reflecting widespread selling pressure across sectors as geopolitical fears overshadowed domestic fundamentals.
The BSE Sensex plunged 1,677 points as geopolitical anxieties spread across South Asia, demonstrating how quickly risk sentiment can deteriorate when Middle East stability is threatened.
The sell-off in Karachi mirrors a broader regional rout, following a severe late-day decline in Indian equity markets on Tuesday.
The BSE Sensex plunged 1,677 points as geopolitical anxieties spread across South Asia, demonstrating how quickly risk sentiment can deteriorate when Middle East stability is threatened.
This contagion effect highlights the vulnerability of emerging market equities to external geopolitical shocks, even when local economic indicators remain stable.
The immediate trigger for the renewed panic appears to be the escalation of US-Iran tensions, which has reignited concerns about potential disruptions to global energy supplies and regional security.