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Pakistan Stock Exchange rebounds after early plunge amidst regional tensions

KARACHI: Pakistan Stock Exchange (PSX) experienced a volatile day, with the benchmark KSE-100 index initially plunging by 6,560 points due to escalating tensions between Pakistan and India.

However, the market saw a swift recovery, regaining 5,200 points within a single hour. Despite this rebound, the index remains down by 1,350 points from its opening level.

The early sell-off affected major sectors, driven by investor fears of further escalation. The rapid recovery, however, suggests underlying resilience in the market despite the regional uncertainty.