BUSINESSJul 13 · 05:30 UTCDAWN[email protected] (News Desk)

PSX opens week in the red, plummets 2,000 points during intraday trade

The Pakistan Stock Exchange (PSX) started the week with the KSE-100 index dropping 2,215.27 points intraday due to heightened geopolitical tensions between the US and Iran over the Strait of Hormuz. Oil prices rose over 4% amid renewed fighting, while value-hunting had previously reversed a three-session losing streak.

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Pakistan Stock ExchangeorganizationKSE-100 indexorganizationMettis GlobalorganizationUnited StatesplaceIranplaceStrait of Hormuzplaceoil pricestopic

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