You’ve probably heard of stock market crashes. But what about a stock exchange website crashing? That’s exactly what happened in Pakistan!
On Friday, users trying to access the Pakistan Stock Exchange (PSX) portal were met with a message: "PSX website is under maintenance until further notice. Thank you for your patience."
But this wasn’t just routine maintenance. The crash came just a day after a massive sell-off rocked Pakistan’s stock market. On Thursday, the benchmark KSE-100 index plunged over 2,500 points—one of the biggest single-day drops in recent times—before recovering slightly by the day’s end.
The reason behind this chaos? Rising geopolitical tensions with India, which sparked panic among investors. Fears of escalation, uncertainty in the region, and broader instability spooked the markets, triggering a wave of selling.
Market volatility is nothing new, but when a stock exchange’s own website goes down, it raises serious questions about infrastructure and investor confidence. Was the website crash a result of sudden surging traffic? Was it targeted? Or just bad timing?
While authorities claim the website is under maintenance, the timing couldn’t be worse. Many traders and investors rely heavily on real-time data from the portal to make quick decisions. The crash left many in the dark, further fueling the panic.
With political instability, economic challenges, and now technical failures shaking investor sentiment, the situation at PSX is being closely watched by regional and global market observers.
One thing is clear—Pakistan’s market volatility is now digital too.
