The Pakistan Stock Exchange (PSX) opened the week with significant losses, driven by escalating hostilities in the Middle East.The KSE-100 index fell over 2,300 points on Monday, hitting an intraday low of 179,448.52 before rebounding slightly to close at 179,927.04.

Analysts attributed the decline to renewed US-Iran clashes over control of the Strait of Hormuz, which reignited fears of a broader regional conflict.Oil prices surged more than three percent due to the fighting, exacerbating risk-off sentiment in global markets.Trading volume dropped to 845 million shares, with CNERGY leading in activity.Experts warned that profit-taking after recent rallies and geopolitical uncertainties are key factors pressuring the market.The situation highlights how Middle East tensions can disrupt economic stability and investor confidence.