The Pakistan Stock Exchange (PSX) witnessed a lacklustre trading session on Friday, with the benchmark KSE-100 Index closing near 170,480 points, declining approximately 700 points.
According to market experts, the cautious market activity was largely driven by limited progress in US-Iran peace negotiations this week.
Meanwhile, renewed tensions in the Middle East persisted as clashes continued despite the fragile ceasefire established in April, while ongoing hostilities in Lebanon further weighed on investor sentiment in PSX.