Pakistan, June 23 -- The ongoing conflict in the Middle East has strongly affected the Pakistan Stock Exchange. The PSX 100 index fell sharply by 3,855 points and closed at 116,167. During the trading session, the index briefly dropped more than 4,000 points before recovering around 500 points.

A total of 5.9 billion shares were traded worth 23 billion Pakistani rupees. The market's overall capitalization also shrank by 473 billion rupees, settling at 14,063 billion rupees. Investors showed concern over the regional tensions affecting market stability.

Experts warn that the conflict could continue to influence Pakistan's economy and stock market in the near term. They urge investors to stay cautious amid global uncertainties. Meanwhile,...