KARACHI (Web Desk) – The Pakistan Stock Exchange (PSX) extended its losses on Tuesday as intensified selling pressure gripped the market amid rising tensions between the United States and Iran.
During intraday trading, the benchmark KSE-100 Index plunged 2,136.94 points, falling to 165,554.14 points compared to the previous close of 167,691.08 points.
The downturn follows Monday’s sharp bearish session, where the KSE-100 shed 5,478.63 points, marking a 3.16% decline, to settle at 167,691.08 points versus 173,169.71 points in the prior trading session, according to PSX data.
Oil Prices Climb on Geopolitical Risks
Global oil markets also reacted to escalating geopolitical concerns. Brent crude futures rose 59 cents (0.8%) to $72.08 per barrel, nearing seven-month highs. Meanwhile, U.S. West Texas Intermediate (WTI) crude gained 57 cents (0.9%) to reach $66.88 per barrel by 0424 GMT.
Traders are closely monitoring geopolitical risks ahead of another round of U.S.-Iran nuclear talks, while ongoing uncertainty surrounding U.S. trade policy continues to weigh on global investor sentiment.
Market Statistics
During Tuesday’s session:
- Trading Volume: 461,264,025 shares
- Traded Value: Rs 24.935 billion
- Market Capitalization: Declined to Rs 18.971 trillion (from Rs 19.602 trillion)
Out of 479 active companies in the ready market:
- 42 advanced
- 389 declined
- 48 remained unchanged
The broad-based decline highlights persistent investor caution as regional tensions and global economic uncertainties continue to influence market direction.
