Stocks sink, Iran move falters: Pakistan is a high-beta nation
Published on: April 13, 2026, 9:02 p.m. | Source: The Economic Times
Pakistan's attempt to mediate US-Iran talks and a related stock market rally ended quickly. The country's fortunes are tied to external events, not internal strength. Despite the setback, Pakistan may retain a role in ongoing backchannel diplomacy. Its strategic location and defense ties ensure continued relevance beyond mediation efforts.
