Pakistan's stock exchange crashes by 3,500 points due to panic over 'potential Indian military action'

Islamabad, April 30 -- Pakistan's stock exchange (PSX) has crashed by 3,500 points over its panic on potential Indian military retaliation following the deadly Pahalgam terror attack in Kashmir.

The country's benchmark KSE-100 index slumped by over 3.14% today, decreasing by 1,717.35 points, or 1.5%, to stand at 113,154.83 from the last close of 114,872.18, Dawn reported. By morning, the index declined by 2,073.42 points, or 1.8%, from the last close.

Trading volume stood at over 254 million shares, with a total market value of PKR 24.21 billion (USD 87 million).

By afternoon, the KSE-100 index plunged by 3,255.42 points, or 2.83%, from the last close, before closing at 111,326.57, down by 3,545.61 or 3.09%, from the last close of 114,87...