Pakistan Stock Exchange: On Friday, April 25, the Pakistan Stock Exchange (PSX) website was temporarily taken offline, displaying a message that read “We’ll be back soon.” This followed two consecutive days during which benchmark index dropped by over 2,500 points due to heightened geopolitical tensions between India and Pakistan, triggered by a terrorist attack on tourists in Pahalgam. The PSX website displayed a message stating “we’ll be back soon,” indicating that it was under maintenance until further notice. Pakistan Stock Exchange (PSX) Official Website The benchmark KSE-100 index dropped 2.12 percent, or 2,485.85 points, to 114,740.29 within the first five minutes of trading on Thursday, amid heightened geopolitical tensions in the region. Thursday’s sharp decline follows another significant drop on Wednesday, when the PSX closed lower after the International Monetary Fund (IMF) cut Pakistan’s GDP growth forecast to 2.6% for the current fiscal year. Investor confidence has also been shaken by broader economic and political challenges. Fitch Ratings recently flagged concerns over Pakistan’s weakening currency, ongoing political uncertainty, and growing security risks, particularly in Kashmir, which have further undermined sentiment in the financial markets. India’s Ministry of External Affairs announced a series of tough measures in response to the attack, including the suspension of the Indus Waters Treaty, immediate closure of trade via the Wagah-Attari border, and the revocation of visa exemptions for Pakistani nationals under the SAARC framework. India’s response has been multifaceted. By expelling military diplomats, reviewing the Indus Waters Treaty, and suspending visa services for Pakistani nationals, the Modi government has signaled that the status quo is no longer acceptable. Officials characterized the response as “calibrated but firm,” aiming to impose political, strategic, and symbolic costs on Islamabad. The message is clear: India will no longer tolerate cross-border terrorism with mere condemnation or calls for peace.