Pakistan Stock Exchange halts trading as KSE-100 index nosedives 8,000 points; global recession fears trigger panic selling.

Trading at the Pakistan Stock Exchange came to a temporary halt for an hour due to a significant dip in the KSE-100 index by over 8,000 points. This sudden plunge was primarily influenced by the imposition of US tariffs and widespread concerns about a looming global recession. Following the pause, the PSX witnessed a further decline of 2,000 points, ultimately concluding at 114,909.48 points, marking a notable drop of 3.27%. Financial analysts have linked this sharp downturn to widespread panic selling triggered by prevailing economic uncertainties.

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