Pakistan Stock Exchange’s benchmark KSE-100 index lost 4,687.50 points on Monday, marking a turbulent start to the week as selling pressure returned to the market.

During intraday trading, the KSE-100 touched a high of 153,943.69 points and low of 149,385.39 points.

At close, the KSE-Index dropped 4,687.50 points to reach 149,178.66 points or minus 3.14 percent.

The sharp decline comes after the index recorded its seventh consecutive week of losses, with geopolitical uncertainty and weak investor sentiment continuing to weigh on Pakistani equities.

Two key factors affecting the market last week were the absence of positive economic developments and the ongoing delay in finalising a Staff-Level Agreement (SLA) with the International Monetary Fund (IMF) for Pakistan’s third review of its $7 billion Extended Fund Facility (EFF).

Another major factor has been the spike in global oil prices.

The increase was triggered by US-Israel aggression against Iran, which led to the closure of the Strait of Hormuz, a critical global oil shipping route.

The disruption raised concerns about energy supply and inflationary pressures for oil-importing economies, including Pakistan.

Investors will now be watching closely to see whether the current volatility persists through the remainder of the trading session and into the rest of the week, particularly as markets react to geopolitical developments and signals on the IMF programme.

It is pertinent to mention here that Pakistan’s stock market remained under sustained pressure during the week ended March 13, 2026, as heightened geopolitical tensions, domestic security concerns, and macroeconomic uncertainty continued to weigh heavily on investor sentiment.

The benchmark KSE-100 Index extended its losing streak, declining by 3,629.92 points on a week-on-week basis, representing a drop of 2.3 percent to close at 153,866.17 points compared with the previous week’s closing level of 157,496.09 points.

The market remained volatile throughout the week as investors trimmed positions and adopted a cautious stance in the face of external and domestic headwinds.

The latest decline follows an even steeper fall witnessed during the previous week, when the market had shed more than 10,500 points.

Analysts noted that escalating geopolitical risks across the region, coupled with domestic security concerns, have dampened investor confidence and triggered persistent selling pressure across multiple sectors.

Global beauty retailer Sephora has announced it is opening two stores in Scotland this summer, with the firm saying it is bringing “double the magic to a country that has long been calling for it”.

The stores in Glasgow’s Silverburn Shopping Centre and Edinburgh’s St James Quarter will mark the company’s first foray into Scotland, some three years after it opened its first UK outlet in London.

The firm said hoardings at both sites will appear “imminently”, featuring the brand’s black-and-white stripe motif complete with “a Scottish nod”.

The Glasgow store is set to boast 5,048 square feet of retail space, while the Edinburgh outlet will measure 4,961 square feet.

Sephora said the stores will give Scots the chance to buy brands including rhode, Haus Labs and Makeup by Mario on home soil for the first time, along with Sephora UK exclusives.

Sephora UK managing director Sarah Boyd said: “The Sephora UK team and I are thrilled to finally reveal that we’re bringing our ‘temples of beauty’ to not one, but two incredible Scottish cities this summer – with fans crying out for a Scottish beauty playground.

“It has been three years since we opened our first UK store; from the very beginning we’ve been searching for the perfect locations for us to open in the region – and we are so happy to have found them in Edinburgh’s St James Quarter and Silverburn Glasgow.

“Opening in both Edinburgh and Glasgow this summer is about bringing double the energy, double the access, and double the magic to a country that has long been calling for it.

“Scotland also steps into a landmark summer, so the timing couldn’t feel more meaningful, and Sephora UK is proud to play a part in a special season that is set to make its mark in the history books.

“We know how eagerly our Scottish customers have waited while we expanded across England, Wales, and Northern Ireland, and we truly want to say thank you for your patience and loyalty.

“Now, Scotland, let’s get even more bonnie together.”

Sephora was established in Limoges, France in 1969, and has since grown to a global network of more than 3,200 physical stores, along with e-commerce and digital platforms.

The firm said the new Edinburgh and Glasgow stores will open alongside its new small-format “boutique” stores, which were recently announced to debut this summer in London.

St James Centre estate director Anne Ledgerwood described the opening of a Sephora store in the capital as a “major moment for both St James Quarter and Edinburgh’s shopping scene”.

“As one of the most influential names in global beauty, its arrival brings a new retail experience to the city and an exciting addition to St James Quarter’s growing beauty line-up,” she said.

“Sephora’s immersive concept and curated brand offer will our give customers something truly new, whether they are long-time fans or discovering the brand for the first time.”

Silverburn general manager David Pierotti said: “Sephora coming to Glasgow marks such a big moment for the city and the west of Scotland and we are so pleased to be home to its largest store in the country.

“Our commitment to delivering an award-winning, first-class retail experience for our guests is demonstrated through our diverse offering of leading names across fashion, lifestyle and beauty.

“I know our community in Glasgow will be very excited to see another globally recognised brand join us and we look forward to welcoming them to Sephora’s ‘temple of beauty’ here at Silverburn.”