The Pakistan Stock Exchange (PSX) recorded a significant decline on June 13, 2025, following Israel’s military strikes on Iran’s nuclear facilities. The KSE-100 Index dropped by nearly 2,500 points during early trading, falling below 124,000 and later touching 122,147 points. According to local media, the index plunged by 1,947 points, reflecting market panic due to escalating geopolitical tensions.
The sharp downturn was driven by fears of a broader Middle East conflict after Israel’s air strike and Iran’s retaliatory response involving over 100 drones targeting Israel. The escalation increased investor risk aversion, leading to widespread selling across the PSX.
The conflict triggered a global oil price surge, with crude futures rising by up to 13% in Asian markets. Pakistan, being heavily dependent on imported oil, faces inflation risks, pressure on foreign exchange reserves, and higher production costs. These economic concerns further contributed to the negative sentiment on the PSX.
Although no specific stock performance was detailed, sectors like banking, consumer goods, and manufacturing likely experienced pressure due to inflation concerns. Meanwhile, oil and gas companies may have seen short-term gains due to the oil price hike.
Technical analysis shows immediate support for the KSE-100 Index at 24,750 and 24,500 levels, with the previous support band of 25,000–25,050 now acting as resistance. Analysts observed a bearish short-term outlook for the market.
 recorded a significant decline on June 13, 2025, following Israel’s military strikes on Iran’s nuclear facilities. The KSE-100 Index dropped by nearly 2,500 points during early trading, falling below 124,000 and later touching 122,147 points. According to local media, the index plunged by 1,947 points, reflecting market panic due to escalating geopolitical tensions.){kind=link}