Pakistan Stocks Fall Most on Record After Middle East War

An armored vehicle set on fire by protesters outside the US consulate in Karachi on March 1.
Source: AFP/Getty Images

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By Alex Gabriel Simon and Faseeh Mangi

March 2, 2026 at 4:42 AM UTC

Updated on

March 2, 2026 at 11:06 AM UTC

A key stock gauge in Pakistan plunged the most on record after geopolitical tensions in the Middle East escalated following US and Israel’s strikes on Iran.

The KSE-30 Index closed 10% lower to 46,252.52 after it resumed trading following an hour-long halt. That’s the lowest level since September and pushed the gauge into bear-market territory.