PSX Crashes Thousands of Points Within Minutes

KARACHI: In Karachi, the Pakistan Stock Exchange witnessed a dramatic fall at the start of the trading week as the market dropped sharply within minutes of opening.

According to market details, heavy selling pressure from investors triggered a rapid decline immediately after trading began, pushing the benchmark KSE‑100 Index down by thousands of points.

The index initially dropped by 7,322 points at the opening bell and continued sliding to a loss of nearly 9,786 points within minutes due to large-scale selling in multiple sectors.

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Following the steep fall of more than 5 percent, the market’s safety valve mechanism was automatically activated under regulatory rules, forcing trading to be suspended for about an hour. At the time trading was halted, the index stood at 147,715 points.

Economists say the sudden and sharp decline has raised concerns among investors and reflects growing uncertainty in the market, which is currently under intense pressure.