PSX Closing Bell: Falls Off A Cliff

The Pakistan Stock Exchange (PSX) closed Monday's session sharply lower, with the benchmark KSE-100 Index extending its losses as investors remained cautious amid escalating geopolitical tensions in the Middle East. Sentiment stayed under pressure after the United States and Iran exchanged fresh military strikes in an intensifying confrontation over control of the Strait of Hormuz, fueling fears of potential disruptions to global energy supplies. The surge in international oil prices and heightened geopolitical uncertainty prompted broad-based selling across the market, particularly in heavyweight banking, cement, fertilizer, and energy stocks.