📉 Pakistan Stock Market Crash Highlights:
- ⚠️ Trading Halted: Pakistan Stock Exchange temporarily suspended trading after KSE-30 index plunged 7.2%, its second straight session of steep losses.
- 💥 Trigger: The sharp selloff follows India’s military strikes on terrorist camps in Pakistan under Operation Sindoor, escalating geopolitical tensions.
- 📉 Broader Index Impact: The KSE-100 index also crashed 6.32%, dropping 6,948.73 points to 103,060.30 (as of 1 p.m. local time).
- 🇮🇳 India Markets Stable: Despite tensions, Indian benchmarks Sensex and Nifty traded flat, showing resilience in contrast.
- 💰 Investor Focus on IMF: Pakistan’s investor sentiment is now pinned on the IMF’s decision tomorrow regarding the extension of its funding facility.
- 🔄 Previous Recovery Signs: Before the crisis, Pakistan’s market had been improving on the back of a sovereign credit rating upgrade and falling oil prices.
