PSX saw selling pressure as fighting intensified between the world's largest crude exporter and Houthis.

Geopolitical tensions in the Middle East sparked risk-off sentiment across regional markets, impacting sentiment at the Pakistan Stock Exchange as key indices traded in the red.

Possible impact on PSX shares

• PPL Pakistan Petroleum Limited▼ Could be negative

  As geopolitical conflict intensifies in major oil regions, broad market selling pressure could weigh on exploration shares like PPL.

  Price when this was written: Rs 212.61 · Live price, chart and results

• HUBC The Hub Power Company Limited▼ Could be negative

  General risk-off sentiment across the benchmark index may lead to cautious trading and potential downward pressure on power heavyweights like HUBC.

  Price when this was written: Rs 189.50 · Live price, chart and results

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Business Recorder: PSX: selling continues, KSE-100 down 300 points in early trade