Trading on the Pakistan Stock Exchange (PSX) was temporarily halted on Monday — the first day of the business week — after a sharp market decline following US and Israeli attacks on Iran.

During the trading, the KSE-30 Index fell by 9.42%, triggering a 45-minute trading suspension. Trading is scheduled to resume at 10:27am local time.

During the session, the PSX benchmark KSE-100 Index dropped by 15,071 points, falling to 152,991 points.

The market opened under heavy selling pressure, recording its worst decline in history.

At the start of trading, the index fell to 152,940 points after a steep drop of 15,121 points.

During the session, the KSE-100 Index reached an intraday low of 152,717 points.

The index had closed at 168,062 points on the final trading day of last week.

Regional markets also experienced sharp declines.

Japan’s stock market fell 1.9%, with the Nikkei 225 Index down by 586 points to 58,264. South Korea’s stock market dropped 2%.

In India, the Bombay Stock Exchange’s Sensex fell 967 points to 80,320, while the Nifty 50 Index declined 213 points to 24,965.