KSE-100 falls to 176,284 amid Asian market losses and rising Middle East tensions.
Image: Dawn
The Pakistan Stock Exchange (PSX) witnessed a sharp decline as investor confidence weakened amid a global market sell-off, rising oil prices and growing geopolitical concerns.
The benchmark KSE-100 Index dropped 1,340 points to close at 176,284, with market sentiment affected by losses across Asian markets and uncertainty surrounding tensions in the Middle East.
Analysts said the surge in oil prices added pressure on investor outlook, raising concerns over Pakistan’s import bill and broader economic stability.
Heavy selling was witnessed in key sectors as investors adopted a cautious approach. Market participants are now closely monitoring global developments, oil price movements and regional tensions for further direction.
