The Pakistan Stock Exchange suspends trading after the benchmark KSE index falls more than 5%, triggering exchange safeguards. The halt comes amid heightened regional instability and sharp investor risk aversion.
Separately, financial authorities in the United Arab Emirates announce that two of the country’s key financial markets will remain closed for two days. Officials cite precautionary measures following Iran’s response to recent U.S. and Israeli airstrikes, aiming to prevent disorderly market conditions.
The coordinated trading suspensions underscore mounting geopolitical risk across the region. Investors react to escalating tensions by reducing exposure to emerging markets, increasing volatility and prompting regulators to intervene to stabilize financial systems.
