On February 28, 2026, the Pakistan Stock Exchange (PSX) faced a dramatic downturn, with the benchmark KSE-100 index plummeting over 3,000 points shortly after the market opened, reaching 165,813.86, a decline of 3,079.22 points or 1.82%. This sharp drop was driven by escalating tensions along the Pakistan-Afghanistan border, where intense military confrontations have led to airstrikes and artillery exchanges. The situation has created widespread panic among investors, resulting in broad-based losses across sectors including banking, cement, and energy. Heavyweight stocks such as ARL, MARI, and OGDC were trading in negative territory, reflecting the market's response to geopolitical uncertainty. The confrontation has been described as one of the most intense episodes of fighting in recent years, with both sides claiming significant battlefield losses and military gains, as reported by News18.
BUSINESS
Pakistan Stock Exchange Plummets Amid Afghanistan Border Tensions
47% NEGATIVE
On Feb 28, 2026, the PSX saw a major drop of over 3,000 points due to rising tensions at the Pakistan-Afghanistan border, causing investor panic, despite a growing number of investors in the market.
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