The Pakistan Stock Exchange benchmark index, the KSE-100, suffered a severe sell-off, tumbling nearly 4,800 points to hover around 175,137.
The sharp decline followed reports that the United States has reimposed a naval blockade on Iran, reigniting fears of broader regional conflict and supply chain disruptions.
The KSE-100’s drop of nearly 3% underscores the sensitivity of emerging market equities to external shocks, particularly those involving energy logistics and regional stability.
The market move reflects heightened risk aversion among investors as geopolitical tensions in the Persian Gulf escalate.
The KSE-100’s drop of nearly 3% underscores the sensitivity of emerging market equities to external shocks, particularly those involving energy logistics and regional stability.
The selling pressure was broad-based, with no clear safe havens within the index as traders exited positions to mitigate potential downside risk.
This development marks a significant escalation from previous tensions.