Market Turbulence Amid Regional Tensions: PSX Rebounds After Losses
The Pakistan Stock Exchange witnessed significant volatility due to ongoing regional conflict, suffering substantial losses over three days. However, it rebounded by 700 points by the week's end, driven by strategic investor behavior. Market adjustments followed military confrontations between India and Pakistan, impacting investor sentiment and actions.
- Country:
- Pakistan
The Pakistan Stock Exchange (PSX) experienced a tumultuous week, deeply impacted by regional tensions following the April 22 Pahalgam terror attack.
Despite initial losses of 820 billion rupees amid regional military confrontations, the PSX rebounded, climbing 799.65 points by Friday.
Financial experts urge a focus on long-term investments, as market volatility remains under the shadow of potential military escalations between India and Pakistan.
(With inputs from agencies.)
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