PSX suffers sharp drop amid Iran-Israel tensions

(Web Desk): The Pakistan Stock Exchange (PSX) had a negative trading day amid escalating tensions between Iran and Israel.

During the session, the benchmark KSE-100 Index fluctuated within a range of 1,487 points. However, by the end of trading, the index had dropped by 1,505 points, closing at 120,465.

A total of 700 million shares were traded, with a transaction value of Rs27.98 billion. Meanwhile, the market capitalization declined by Rs170 billion, settling at Rs14,610 billion.