Asian markets tumble as US Iran tensions shake investors
Pakistan stock market crash
Pakistan stock market crash
(Web Desk): Asian stocks slide sharply as US Iran tensions spark panic selling across regional markets.

Stock markets across Asia, including Pakistan, faced a sharp downturn after reports of a possible US move to blockade Iranian ports heightened geopolitical tensions. The development also follows stalled talks between the United States and Iran, adding to investor uncertainty.

At the start of the trading week, the Pakistan Stock Exchange witnessed heavy selling pressure. During intraday trading, the benchmark KSE-100 index plunged by more than 5000 points, falling to 161659 points. This marks a steep decline compared to the previous close of 167191 points at the end of last week.

Market analysts say the sudden drop reflects panic among investors reacting to rising geopolitical risks. Any escalation involving Iran, particularly in key shipping routes, could disrupt global trade and energy supplies, directly impacting regional economies.

Also Read: Iran warns it won’t bow after US threats

 

The negative trend was not limited to Pakistan. Across Asia, major indices also recorded losses. South Korea’s KOSPI fell by 2.08 percent, while Japan’s Nikkei 225 dropped around 1 percent. Hong Kong’s Hang Seng Index declined by over 1 percent, and China’s Shanghai Composite Index also edged lower.

Experts warn that continued uncertainty in US-Iran relations could keep markets volatile in the coming days, as investors closely monitor political developments and their economic impact.

Currency / Metal / Petrol Rates
Currency → PKR
Currency Pair Rate (PKR) Change
🇺🇸 US Dollar USD → PKR 278.10
🇪🇺 Euro EUR → PKR 317.97 ▼ 0.26
🇬🇧 British Pound GBP → PKR 371.17 ▼ 1.22
🇸🇦 Saudi Riyal SAR → PKR 74.05
🇦🇪 UAE Dirham AED → PKR 75.73
🇨🇳 Chinese Yuan CNY → PKR 40.96
Current Metals
Metal Unit Price (PKR) Change
Gold 24K Per Tola 435,748 ▲ 4,963
Gold 22K Per Tola 399,436 ▲ 4,550
Gold 21K Per Tola 381,279 ▲ 4,343
Gold 18K Per Tola 326,811 ▲ 3,722
Silver Per Tola 6,511 ▲ 135
Platinum Per oz (USD) 1,646 ▲ 16.2%
Current Petrol
Fuel Type Unit Price (PKR) Change
Petrol Super Per Litre 297.53
Diesel HSD Per Litre 199.98
High Octane Per Litre 445.00
Kerosene Per Litre 233.90
LPG Per Kg 303.81
Must Read