PSX slides 1,126 points amid Iran war fears

Persistent concerns over the Iran war and rising oil prices has kept investors cautious, driving the benchmark KSE-100 index down by 1,126 points (0.7%) to 152,740. In this week’s Stock Watch, powered by Chase Securities and Bank of Punjab, Nukta’s Shuja Qureshi and Shahbaz Ashraf sit down with Fawad Basir, Head of Research at KTrade Securities, to discuss how these developments could weigh on Pakistan’s macroeconomic stability. They also explore the potential consequences of a State Bank policy rate hike, particularly for the broader market and the banking sector.