KARACHI (Dunya News) - The Pakistan Stock Exchange witnessed severe selling pressure as its benchmark KSE-100 Index plunged by 6,600 points on Monday.
The index closed at 160,591 points, down significantly from the previous close of 167,191, reflecting heightened investor concerns after the United States announced a potential blockade of Iranian ports.
The sharp decline highlights growing uncertainty after failed negotiations between the US and Iran, which has unsettled global and regional markets.
Across Asia, markets also remained under pressure. South Korea’s KOSPI fell by over 2%, Japan’s Nikkei declined around 1%, while Hong Kong’s Hang Seng dropped more than 1%. China’s Shanghai Composite also recorded a slight decrease.
Analysts say continued geopolitical tensions could keep markets volatile, with investor sentiment likely to remain cautious in the near term.