Apr 24, 2025
Khushi Kumari
Pakistan Stock Market Crashes After Pahalgam Attack
The Pakistan Stock Exchange saw a sharp drop of over 1,000 points shortly after opening, triggering panic among investors
The crash followed the brutal terrorist attack in Pahalgam, Jammu and Kashmir, where 26 people, including tourists, lost their lives
Adding to the chaos, the official website of the Pakistan Stock Exchange went offline with a message: “Service unavailable until further notice”
The KSE-100 index, Pakistan’s main stock index, dropped drastically within minutes of market opening, reflecting investor fear and instability
The "service unavailable" message on the website raised questions about whether the crash was due to a technical issue or targeted cyber activity
India's strong diplomatic and security actions post-attack are believed to be sending shockwaves through Pakistani institutions
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