Pakistan, April 13 -- The Pakistan Stock Exchange (PSX) witnessed a sharp decline on Monday as failed negotiations between Iran and the United States (US) rattled investor sentiment and triggered widespread selling across the market.

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The benchmark index fell by 5,553.3 points, or 3.32%, plunging to an intraday low of 161,638.07 compared to the previous close of 167,191.37. During the session, the market fluctuated between a high of 163,429.78 and the day's low, reflecting heightened volatility amid geopolitical uncertainty.

Market analysts said investor confidence was hit after diplomatic talks failed to produce a breakthrough, while renewed tensions around the ...