Stock Market Down 3.1% Amid Tension with India

Staff Report

Islamabad: The benchmark index saw significant volatility on Wednesday, dropping by 6,561 points in early trade amid broad-based panic selling following an overnight military clash between Pakistan and India. However, the market regained some ground after the initial shock. Investors remain cautiously optimistic, expecting stability if tensions do not escalate further. The index eventually closed at 110,009 points, down 3,559 points, or 3.13%.

The downward trajectory of the index was largely driven by negative contributions from key stocks such as LUCK, HUBC, UBL, SYS, and ENGROH, which collectively dragged the index down by 967 points.live stock trading

Despite the overall decline, investor participation remained strong, with total traded volume reaching 547 million shares and market turnover amounting to Rs 30 billion. WTL led the volume chart, with 53 million shares traded.