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PSX Tumbles 3,500 Points as Trump Speech Sinks Hopes For Quick End to War
PSX tumbles 3,500 points as Trump speech sinks hopes for quick end to war
The Pakistan Stock Exchange witnessed a sharp decline as the benchmark index plunged by 3,500 points following a speech by Donald Trump that dampened hopes for a quick resolution to the ongoing conflict. The market reacted negatively as investor sentiment turned cautious amid rising geopolitical uncertainty.
Analysts said the speech signaled a prolonged period of tensions, triggering panic selling across key sectors. Banking, energy and cement stocks were among the hardest hit, dragging the market deep into negative territory during the session.
Experts warned that continued uncertainty surrounding the conflict and global economic outlook could keep markets volatile, urging investors to remain cautious until clearer signals of de-escalation emerge