KARACHI (Lord Media): The escalating tensions between the United States and Iran have significantly impacted the Pakistan Stock Exchange (PSX), leading to a 3.6% drop in the PSX 100 Index.<\/p>\n
For the second consecutive day, negative trading persisted in the Pakistan Stock Exchange, with the 100 Index falling by 6,535 points, closing at 173,391 points.<\/p>\n
Due to the US-Iran tensions, global oil prices have surged, with Brent crude reaching 86.90 U.S. dollars per barrel.<\/p>\n
The tension also caused negative trading trends in Dubai, and similar situations were observed in stock markets across Gulf countries.<\/p>\n
Experts indicate that the increasing US-Iran tensions and the situation in the Strait of Hormuz have created uncertainty among investors, potentially affecting Gulf financial markets and the global economy.<\/p>\n
Analysts suggest that in the coming days, investors will closely monitor developments in the US, Iran, and the Gulf region, which will determine future market trends.<\/p>\n","protected":false},"excerpt":{"rendered":"
US-Iran tensions cause 3.6% drop in Pakistan Stock Exchange, impacting global markets and oil prices.<\/p>\n","protected":false},"author":1,"featured_media":78415,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[292,2504,398,3222,3223,1771],"ppma_author":[94],"class_list":["post-78414","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized","tag-economy","tag-global-markets","tag-oil-prices","tag-pakistan-stock-exchange","tag-stock-exchange","tag-us-iran-tensions"],"yoast_head":"\n