Another BIG blow to Pakistan, PSX loses Rs 820000000000 in single day, suffers worst-ever fall after Indian airstrikes

Amid escalating military tensions with India, Pakistan’s stock market faced a severe collapse on Thursday, after declining by Rs 1.3 trillion in market value in just three days. The KSE-100 index saw major intraday swings after Indian drone strikes. 

The Pakistan Stock Exchange (PSX) suffered major downfall, after the KSE-100 index recorded its worst-ever intraday swing. The index went down over 6,400 points at its lowest with a Rs 820 billion loss in market capitalization within a single session, according to Dawn. 

Over the past three trading days, the PSX’s total market value has eroded by an extraordinary Rs 1.3 trillion due to investor panic over India’s air strikes. Thursday’s trading session was also volatile, with the index fluctuating by more than 10,000 points from an intraday high of 1,872 points to a major low of 8,410 points.

Taking to X on Friday, the Additional Directorate General of Public Information (ADG PI) stated that the drone attacks were “effectively neutralised” and the ceasefire violations were appropriately responded to.

The ADG PI also noted that the successful retaliation by the Indian Armed Forces was also under Operation Sindoor, which was launched in the early hours of Wednesday, during which the Armed Forces neutralised nine terror camps in Pakistan and the Pakistan-occupied Kashmir.

“Pakistan Armed Forces launched multiple attacks using drones and other munitions along entire Western Border on the intervening night of 08 and 09 May 2025. Pak troops also resorted to numerous cease fire violations (CFVs) along the Line of Control in Jammu and Kashmir. The drone attacks were effectively repulsed and befitting reply was given to the CFVs. Indian Army remains committed to safeguarding the sovereignity and territorial integrity of the Nation. All nefarious designs will be responded with force,” the Army stated.

(With Inputs From ANI)

News