Pakistan's Karachi Stock Exchange crashes 7%

09-May-2025

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Stock market trading was stopped for an hour at the Pakistan Stock Exchange (PSX) on May 8 after its main index fell sharply. 

The sudden drop came as panic spread in the market following reports that drones had been shot down in major cities, including Karachi and Lahore.

According to the official notification from the exchange, trading was paused after the benchmark index plunged 6.3% in a short period. 

The sharp fall triggered automatic circuit breakers to stop further decline.