The Pakistan Stock Exchange (PSX) today recorded a major decline as the ongoing Iranian-Israeli conflict triggered investor uncertainty. The KSE-100 index dropped by 1,505 points, closing at 120,465.93, reflecting the impact of geopolitical tensions on market sentiment.
As tensions between Iran and Israel continue to rise, stock markets globally have shown signs of volatility. In Pakistan, the PSX today followed a downward trend with selling pressure across major sectors. The market opened with uncertainty and remained bearish throughout the trading session.
Trading data showed that out of 470 companies, 102 recorded gains, 327 declined, and 14 remained unchanged. The total trading volume stood at 122,208,772 shares. Market capitalization took a significant hit as investors reportedly lost over PKR 17 billion due to falling share prices.
The KSE-100 index recorded a high of 121,905.49 and a low of 120,417.99 during the session. The previous close stood at 121,971.04. The total value of shares traded was PKR 12.46 billion.
Market analysts noted that the Iranian Israeli conflict is affecting investor confidence not only in Pakistan but also across global markets. They stated that the future direction of the PSX will largely depend on how the geopolitical situation unfolds in the Middle East.