PSX opens week in the red, plummets 2,000 points during intraday trade
- Posted on July 13, 2026
- By Dawn
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- 1 min read
Pakistan's stock exchange experienced a significant downturn at the opening of trading week, with the benchmark index declining sharply by approximately 2,000 points during intraday sessions. This market correction reflects broader geopolitical tensions, particularly escalating hostilities between the United States and Iran, which have triggered a surge in crude oil prices exceeding 4 percent. The surge in energy costs poses challenges for Pakistan's import-dependent economy, pressuring investor sentiment and triggering portfolio adjustments across equity markets.
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