Bears grip PSX as Pakistan-India tensions spark market freefall
Panic swept through the stock market on Wednesday as a sharp escalation in military hostilities with India triggered a massive selloff.
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index fell to an intraday low of 107,007.68, reflecting a staggering decline of 6,560.82 points, or -5.78%, from the previous close of 113,568.50.
At its session high of 108,568.69, the index was still down 4,999.81 points, or -4.4%, indicating sustained pressure across the board.
This is a developing story and is being updated with more details.
