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Pegatron June revenue up 15.9% due to server shipments and AI expansion Pakistani Psychiatrist Leads Global Child Psychiatry Organization CDA to Engage Firm for City Branding in Islamabad Punjab Urges Completion of RMK Road by August to Ease Murree Traffic Government Extends Rs. 50 Billion Loan Guarantee to SNGPL Sindh to Host Big Screen Showings of FIFA World Cup 2026 Finals Pakistan Plans Independent Streaming Platform to Showcase Local Content Venezuelan quake death toll rises to 4,490 Oil surge and Gulf conflict hit global markets LESCO Withdraws Free Electricity for Senior Officers Police Investigate Alleged Child Abuse by Former Sydney Care Worker US-Iran MoU Fails to Resolve Strait of Hormuz Dispute KSE-100 Plummets as Geopolitical Tensions Grip Markets Actor Sam Neill, Jurassic Park Star, Dies at 78 Kung Fu Soccer Dominates Chinese Box Office South Korea Court Sentences Ex-President Yoon to Two Years for Illegal Polling Gulf stock markets decline amid escalating regional tensions Moana Dominates South Korean Box Office Japanese stock market falls as oil prices surge Tourists urged to avoid Old GT Road for roadwork Pegatron June revenue up 15.9% due to server shipments and AI expansion Pakistani Psychiatrist Leads Global Child Psychiatry Organization CDA to Engage Firm for City Branding in Islamabad Punjab Urges Completion of RMK Road by August to Ease Murree Traffic Government Extends Rs. 50 Billion Loan Guarantee to SNGPL Sindh to Host Big Screen Showings of FIFA World Cup 2026 Finals Pakistan Plans Independent Streaming Platform to Showcase Local Content Venezuelan quake death toll rises to 4,490 Oil surge and Gulf conflict hit global markets LESCO Withdraws Free Electricity for Senior Officers Police Investigate Alleged Child Abuse by Former Sydney Care Worker US-Iran MoU Fails to Resolve Strait of Hormuz Dispute KSE-100 Plummets as Geopolitical Tensions Grip Markets Actor Sam Neill, Jurassic Park Star, Dies at 78 Kung Fu Soccer Dominates Chinese Box Office South Korea Court Sentences Ex-President Yoon to Two Years for Illegal Polling Gulf stock markets decline amid escalating regional tensions Moana Dominates South Korean Box Office Japanese stock market falls as oil prices surge Tourists urged to avoid Old GT Road for roadwork

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PSX experiences sharp decline amid Middle East tensions and oil prices surge

SunNews Desk · 13/07/2026 · 13/07/2026

Stocks fell sharply in intraday trade on Monday, driven by renewed US-Iran hostilities, worsening Middle East tensions, and a jump in global oil prices.