On February 23, 2026, the Pakistan Stock Exchange (PSX) experienced a dramatic decline, with the benchmark KSE-100 index plummeting by 5,478.63 points, or 3.16%, closing at 167,691.08. This sharp drop was largely attributed to escalating geopolitical tensions between the United States and Iran, alongside a pervasive lack of investor confidence. The index fluctuated significantly during the trading session, reaching an intra-day high of 174,336.85 points before sinking to a low of 166,886.63. Muhammad Waqas Ghani, head of research at JS Global Capital, noted, "Risk appetite remains fragile. Markets are still pricing uncertainty," highlighting the prevailing investor sentiment amid these tensions (The Frontier Post, Tribune Latest). The trading volume was substantial, with 461 million shares exchanged and a turnover of Rs24.9 billion ($89 million), indicating active market participation despite the downturn (TechJuice, ProPakistani).
BUSINESS
Pakistan Stock Exchange Kse-100 Index Plummets Amid Us-Iran Tensions
87% NEGATIVE
On February 23, 2026, the Pakistan Stock Exchange saw a 3.16% drop in the KSE-100 index, driven by U.S.-Iran tensions and investor uncertainty, marking significant volatility in recent weeks.
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TFPthefrontierpost.com
TLtribune.com.pk
PRpropakistani.pk
GBgeo.tv
PPprofit.pakistantoday.com.pk
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TNBnation.com.pk
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