Pakistan Stock Exchange plunges as oil shock rattles global markets

Pakistan Stock Exchange plunges as oil shock rattles global markets Pakistan Stock Exchange benchmark index plunged more than 9,000 points in early trading, which resulted in trade suspension in the market for 45 minutes, local media reported. The development came amid escalating Middle East tensions, triggering a massive sell-off, the report said, adding that the benchmark index shed a massive 9,780 points in its opening session. Similar scenes were witnessed in markets across Asia, including Japan, South Korea and India, where the market value of shares fell sharply as the oil shock above $115 rattled global markets.