{
  "id": 4578755,
  "title": "PSX: KSE-100 down over 400 points amid US-Iran conflict",
  "url": "https://urgent.news/2026/08/31/psx-kse-100-down-over-400-points-amid-us-iran-conflict",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-31T04:57:25.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40437196/psx-kse-100-down-over-400-points-amid-us-iran-conflict"
  },
  "original_language": "en",
  "account": "The Pakistan Stock Exchange (PSX) witnessed a significant drop of more than 400 points in the opening minutes of trading on Monday, amid mounting tensions between the United States and Iran. At 9:40am, the KSE-100 Index was at 177,242.03, down by 454.47 points or 0.26%. Key sectors, such as automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, and power generation, experienced selling pressure. Notably, index-heavy stocks like HBL, MCB, MEBL, MARI, OGDC, PPL, PSO, and HUBCO were trading in the red. In the previous week, the PSX had remained range-bound, with the KSE-100 Index gaining 530 points or 0.3%, as uncertainty surrounding the US-Iran deadlock and the Strait of Hormuz situation kept investors cautious. The KSE-100 Index closed at 177,696.52 points. Globally, share markets experienced a decline on Monday, with fresh fighting between the US and Iran causing oil prices to rise and bond yields to stay elevated. Brent futures increased by 1.4% to $89.38 a barrel after US forces attacked two of Iran’s launchers on its Larak island on Sunday. The probability of a September rate hike rose to 57% after markets reacted to the situation, pushing short-term Treasury yields sharply higher and flattening the curve. Analysts predict a job growth boost of 58,000 following July’s unexpected drop of 23,000, with unemployment remaining at 4.1%. This news is an updated report on the current market situation.",
  "summary": "Selling pressure was observed at the Pakistan Stock Exchange (PSX) amid escalating tensions in the Middle East, with the benchmark KSE-100 Index shedding over 400 points during the opening minutes of trading on Monday. At 9:40am, the benchmark index was hovering at 177,242.03, down by 454.47 points or 0.26%. Selling was observed in key sectors, including automobile assemblers, cement, commercial…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}