Dawn
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10:25 Mar 16, 2026
Pakistan’s benchmark KSE-100 index slipped 4,687.50 points to close in the red on Monday, marking a turbulent start to the week as selling pressure returned to the market. The index shed 3.05 per cent from its previous close of 153,866.16 points. During the session, the benchmark touched an intraday high of 153,943.69 points and fell to a low of 148,747.72 points, reflecting persistent downward pressure throughout the day. The sharp decline follows the index’s seventh consecutive week of losses, with geopolitical uncertainty and weak investor sentiment continuing to weigh on Pakistani equities. Analysts at Topline Securities noted that the market remained under pressure for most of the trading session, with the index largely trading in negative territory as investors adopted a cautious stance amid ongoing volatility in international oil prices. The recent surge in oil prices was triggered by US-Israel aggression against Iran, which led to the closure of the Strait of Hormuz, a critical global oil shipping rou...