The Pakistan Stock Exchange (PSX) benchmark index, the KSE-100, suffered a sharp sell-off on Tuesday, shedding more than 3,000 points during early trading sessions.
The decline marks the second consecutive day of losses for the market, reflecting growing investor anxiety amid deteriorating external conditions.
The market turmoil coincided with a significant rise in global energy costs, as Brent crude prices climbed nearly 3%.
The market turmoil coincided with a significant rise in global energy costs, as Brent crude prices climbed nearly 3%.
The surge in oil prices has intensified concerns about import bills and inflationary pressures in emerging markets, with Pakistan particularly vulnerable to external commodity shocks.
Traders cited heightened uncertainty over the medium-term outlook as a primary driver of the selling pressure.
Analysts point to an emerging geopolitical situation as a key factor exacerbating market volatility.