KARACHI: The Pakistan Stock Exchange (PSX) extended losses on Monday amid rising geopolitical tensions over the weekend, which soured hopes for a quick resolution to the ongoing Middle East conflict as clashes between Iran and Israel tested the fragile truce. Additionally, uncertainty surrounding the budget further dampened investor sentiment, causing the benchmark KSE-100 index to fall below the 170,000 mark. Topline Securities Ltd said the PSX witnessed a choppy session, mirroring weakness across international equity markets as escalating geopolitical tensions dampened investor sentiment.
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