KSE-100 index today dropped sharply, falling over 2,000 points during intraday trade, amid rising geopolitical tensions after a U.S. attack on Iranian nuclear sites. The Pakistan Stock Exchange (PSX) recorded a steep decline on June 23, 2025, with the KSE-100 index falling as low as 117,977.81 points, losing 2,045.42 points during the day.
The fall marks one of the biggest single-day drops in recent months. The market closed last Friday at 120,023.24, and this sharp decline pushed the index down to the 118,000 range, with overall weekly losses totaling around 4,330 points. The sell-off followed increased tension in the Middle East after the US joined Israel in strikes targeting Iran’s nuclear facilities in Natanz, Isfahan, and Fordow.
This event triggered a risk-averse reaction in regional and global markets, with the PSX mirroring a wider bearish trend. Analysts link the sharp drop in KSE-100 index directly to US-Iran conflict, rising global oil prices, and fear of retaliatory action possibly affecting the Strait of Hormuz.
Experts also point to declining investor confidence in banking, cement, and fertilizer sectors, which contributed significantly to the overall dip.
 recorded a steep decline on June 23, 2025, with the KSE-100 index falling as low as 117,977.81 points, losing 2,045.42 points during the day.){kind=link}