The Pakistan Stock Exchange (PSX) experienced a severe downturn on Monday as the benchmark KSE-100 index plummeted by 3,303 points or 2.78 percent, closing at 115,488 points amid escalating global trade war concerns.

The market rout follows similar declines in Asian stock markets and US futures as investors worldwide increased bets on a potential recession. This continues the global market selloff that has erased trillions of dollars in equity value since President Donald Trump announced sweeping trade tariffs last week.

By 10 AM, the KSE-100 index had already dropped 2,915 points or 2.45 percent to 115,875. Trading volume reached 110.47 million shares valued at Rs. 6.38 billion.

Of the 365 companies that traded shares during the session, only 51 recorded gains while 299 suffered losses, with 15 remaining unchanged. The overwhelming negative sentiment reflects investors’ concerns about the potential impact of global trade tensions on Pakistan’s economy.

The market’s sharp decline mirrors the broader international reaction to escalating trade barriers and their potential consequences for global economic growth.