KARACHI, April 13, 2026 – Pakistan stocks tumbled sharply on Monday, with the benchmark KSE-100 index of the Pakistan Stock Exchange (KSE-100 Index) falling nearly 4% after high-stakes Iran–United States peace talks ended without agreement in Islamabad.
The index closed at 160,591.33, down 6,600.04 points or 3.95% from the previous close of 167,191.37, as investors reacted to renewed geopolitical uncertainty following the breakdown of negotiations.
READ MORE: KSE-100 index jumps 11% weekly on ceasefire optimism
The talks, held in Islamabad after a Pakistan-brokered 15-day ceasefire, ended after 21 hours of discussions without any breakthrough, triggering a sharp selloff across major sectors.
KSE-100 index snapshot (April 13, 2026)
| Indicator | Level / Value |
| Market Status | Closed |
| Closing Index | 160,591.33 |
| Change | -6,600.04 |
| Percentage Change | -3.95% |
| Intraday High | 163,612.11 |
| Intraday Low | 160,158.92 |
| Previous Close | 167,191.37 |
| Volume | 324,636,940 shares |
| Value Traded | Rs28.16 billion |
Market participants said early trading showed volatility, with the index briefly recovering in morning trade before peaking at 163,612. However, selling pressure intensified in the second half of the session, pushing the benchmark close to its intraday low.
Analysts attributed the downturn to heightened geopolitical risk following the collapse of negotiations. “The market has shifted into a flight-to-safety mode. In this high-volatility environment, cash is king,” one market strategist said, warning against premature bargain hunting until clarity emerges on regional developments.
The selloff came after U.S. Vice President JD Vance said the American delegation had left Pakistan following unsuccessful talks, citing Iran’s refusal to accept proposed terms, including restrictions on nuclear development.
Iranian parliamentary speaker Mohammad Baqer Qalibaf said no agreement was expected in a single round of negotiations, pointing to a continued trust deficit despite Pakistan-facilitated indirect dialogue.
Broader market sentiment remained fragile as investors assessed potential spillover effects on global risk assets, with equities facing pressure amid uncertainty over Middle East stability and diplomatic progress.
The sharp decline underscores the sensitivity of Pakistan’s equity market to geopolitical developments, particularly those involving major global powers and regional security dynamics.