The Pakistan Stock Exchange (PSX) opened sharply lower this morning, with the benchmark KSE-100 Index plunging by 2,485.85 points or 2.12%, to trade at 114,740.29 within the first five minutes of trading. This significant decline reflects heightened investor anxiety following India’s suspension of the Indus Waters Treaty and other diplomatic measures in response to the recent Pahalgam terror attack. mint+2Mettis Global Link+2The Economic Times+2Zee News+9mint+9Business & Finance News+9
The sharp downturn in the PSX is primarily attributed to India’s recent suspension of the Indus Waters Treaty and other diplomatic actions following the Pahalgam terror attack. These developments have intensified geopolitical tensions, leading to heightened investor caution and a significant sell-off in the market. Free Press Journal+8mint+8The Economic Times+8
Analysts suggest that the market may continue to experience volatility in the near term, with investors closely monitoring geopolitical developments and their potential economic implications.
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For real-time updates and detailed analyses, visit the Daily Forex Pakistan.
This morning market summary aims to provide investors with a comprehensive overview of the PSX’s performance and prevailing economic factors influencing market dynamics.
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