Escalating military tensions between the United States and Iran triggered heavy selling at the Pakistan Stock Exchange on Monday, with the benchmark KSE-100 Index plunging more than 6,500 points as investors reacted to mounting geopolitical uncertainty.
Trading at the Pakistan Stock Exchange remained under intense pressure for a second consecutive session, extending losses witnessed a day earlier.
At one stage, the benchmark KSE-100 Index was down by 6,535 points to 173,391, reflecting a decline of around 3.6%.
The sharp fall came amid growing concerns over the impact of the US-Iran conflict on global financial markets, investor confidence and regional economic stability.
Meanwhile, international oil prices also surged sharply due to fears of supply disruptions. Brent crude climbed to $86.90 per barrel as geopolitical tensions intensified.
