Afghanistan, Oct. 30 -- Pakistan's benchmark stock index, the KSE-100, plunged more than 1,600 points on Wednesday, as geopolitical tensions and mixed company results rattled investor confidence nationwide.
Pakistan's benchmark stock index, KSE-100, slumped by more than 1,600 points on Wednesday, closing at 158,465, as investors reacted to economic uncertainty and regional tensions, The Express Tribune reported.
Analysts said the drop followed growing concerns over strained ties between Pakistan and the Taliban and weak corporate earnings from major listed companies. Trading sentiment remained largely negative throughout the day.
Out of 340 traded firms, 233 declined, 93 advanced, and 14 stayed unchanged. Market observers said selling pr...