KARACHI – The Pakistan Stock Exchange (PSX) saw a significant drop on Thursday, with the KSE-100 Index losing over 6,000 points, driven largely by growing concerns over escalating tensions between the United States and Iran. Economic analysts highlighted that market volatility was largely due to the rising geopolitical risks surrounding the US-Iran conflict. “Investor sentiment turned negative amid fears of a potential military confrontation between the two countries,” said an expert in the field. Earlier this month, the State Bank of Pakistan (SBP) decided to maintain its policy rate at 10.5% for the upcoming two months. On a positive note, remittances were seen as a stabilizing factor for the current account, and global commodity prices remained favorable.