Pakistan Stock Exchange portal is down due to tensions surrounding the Pahalgam attack, with netizens commenting, “A smart way to prevent stock selling.”

There are currently problems with the website of the Pakistan Stock Exchange.

 

 

In light of the escalating tensions between India and Pakistan in the wake of the Pahalgam terror assault in Kashmir, the website for the Pakistan Stock Exchange is now not operational.

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Following the announcement of retaliatory measures by the Indian government in response to the terror assault that took 26 lives,the Pakistan stock market (PSX) began Thursday much lower.

 

In the first five minutes of trade, the benchmark Karachi-100 index (KSE-100) fell more than two percent,or 2,500 points,to 1,14,740.29. By 3 p.m.,the index had regained some of its losses, but it was still down 1,532.42 points,or 1.31 percent, at 115,693.72,indicating how the market would react to any additional escalation.

Social media users responded to X after the website downtime.

“Good way to stop stock sell,” one user commented.

“There is a stock exchange in Pakistan as well?” added a second.

“Panic attack on Pakistan Stock Exchange,” one person wrote.

 

We can learn something from the Pakistan Stock Exchange. Regarding the Pakistan Stock Exchange, what are your thoughts? “It appears to be a ticking time bomb,”another user commented.

Incredulous,one person said,”Pakistan has a stock exchange???” That is noteworthy.

“Pakistan stock exchange website hacked?” asked another person.

Following the International Monetary Fund’s (IMF) reduction of Pakistan’s FY25 GDP growth prediction to 2.6% due to concerns about fiscal risks and ongoing external vulnerabilities,the Pakistan Stock Exchange fell 1,204 points on Wednesday. Furthermore,the Asian Development Bank (ADB) reduced its 2025 GDP growth estimate for Pakistan from 3% in December 2024 to 2.5%. The growth objective set by the Pakistani government was 3.6%.