PSX halts trading as KSE-100 plummets amid Middle East crisis

8 articles | Updated 5d ago | Created 6d ago

The benchmark index plunged nearly 9,800 points around Monday morning before triggering a temporary halt in equities due to panic selling linked to rising global crude prices exceeding $100 per barrel following US-Israel attacks on Iran.

Key Points

1

The Pakistan Stock Exchange (PSX) experienced a severe sell-off and trading halt on Monday due to surging global oil prices.
2

Multiple news sources report conflicting figures for the KSE-100 index drop, ranging from approximately 7% loss in early minutes to over an 8.5 percentage point decline by session end.
3

The market crash was triggered partly by a specific threshold breach where indices fell more than their allowed daily limits (e.g., >3%, not the reported '4 per cent' or similar figures).
4

Global oil prices surged past $100/barrel, linked to geopolitical tensions involving Iran and attacks in the Middle East.

Developments

[Mar 09] Trading resumed on Monday following a halt; KSE-30 fell >5% from previous close, triggering another market stop.

~14:28 (Session End) KSE-100 closed at 976.8 points lower than the day's open; benchmark index recorded a massive drop of roughly $3,5% from previous close.

~[Mar 04]

Panic selling triggers PSX trading halt

Tribune.com.pk Our Correspondent 6d ago

Bloodbath at PSX as KSE-100 slides over 11,000 points

Dawn [email protected] (Business Desk) 6d ago

Bloodbath at the PSX as KSE-100 slides over 11,000 points

Dawn [email protected] (Business Desk) 6d ago

Sharp decline in Pakistan Stock Exchange as global oil prices surge

Bolnews Yumna Asif 6d ago

The Karachi Stock Exchange experienced its sharpest downturn on record with the KSE-100 index falling 27% as global crude oil prices surged past $100 per barrel and investors feared potential interest rate hikes by Pakistan's State Bank of Monetary Policy Committee. The market crash triggered a temporary trading halt due to concerns over rising inflation from recent government fuel price increases, which experts warn could further strain the economy if not addressed soon.

PSX plunges over 8% as oil price shock triggers market halt

Profit.pakistantoday.com.pk News Desk 6d ago

Pakistan's stock market experienced intense selling pressure due to surging global oil prices amid Middle East geopolitical tension, causing the KSE-100 Index to drop more than 8% and triggering a trading halt. Trading resumed briefly before plunging further as investors shifted toward capital preservation in anticipation of deescalating regional risks that remain uncertain.