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KARACHI: Pakistan’s stock market witnessed another day of heavy selling on Tuesday as escalating tensions between Iran and the United States rattled investor confidence, sending the benchmark KSE-100 Index sharply lower during intraday trading.
The Pakistan Stock Exchange (PSX) came under significant pressure, with the KSE-100 Index falling by as much as 4,190 points during trading to 175,736 points. The benchmark also touched an intraday low of 174,615 points before recovering some losses, while its highest level during the session was recorded at 178,112 points.
The decline follows Monday’s weak performance, when the KSE-100 Index closed at 179,927 points after slipping below the 180,000-point mark for the first time in nine trading sessions.
Market analysts attributed the sharp downturn to heightened geopolitical uncertainty following the worsening confrontation between Iran and the United States. The escalating conflict has fueled concerns over regional stability, disrupted investor sentiment and driven volatility across global financial markets.
The geopolitical tensions have also pushed international crude oil prices to their highest levels in nearly four weeks, raising fears of increased import costs and inflationary pressures for oil-importing countries such as Pakistan. Investors remained cautious amid uncertainty over the potential economic fallout from the Middle East crisis.
Analysts said market participants will continue to monitor developments in the region closely, with any further escalation likely to influence investor sentiment and trading activity in the days ahead.
