The KSE-100 index has plunged below the 170,000-mark as bears continue to maintain control of the Pakistan Stock Exchange (PSX). The index settled nearly 1% lower, reflecting ongoing selling pressure from investors.
This decline comes amid concerns over stalled US-Iran talks and heightened tensions in the Hormuz Strait, which are weighing heavily on market sentiment. The combination of these geopolitical factors is contributing to a cautious trading environment at the bourse.