{
  "id": 538258,
  "title": "Selling intensifies at bourse, KSE-100 sheds over 1,100 points",
  "url": "https://urgent.news/2026/08/11/selling-intensifies-at-bourse-kse-100-sheds-over-1-100-points",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T06:14:53.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40434265/selling-intensifies-at-bourse-kse-100-sheds-over-1100-points"
  },
  "original_language": "en",
  "account": "Selling intensified at the Pakistan Stock Exchange (PSX) on Tuesday as traders lost hope of a US-Iran deal to resolve their ongoing war and reopen the Strait of Hormuz. The benchmark KSE-100 Index plummeted over 1,100 points during the early minutes of trading, reaching 180,156.77, a decline of 1,153.51 points or 0.64%. Key sectors, such as automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration companies, and OMCs, experienced significant selling pressure. Index-centric stocks like HUBCO, MARI, OGDC, FFC, HBL, MCB, MEBL, and UBL closed lower. On Monday, the PSX ended marginally lower as profit-taking in major stocks during the latter part of the day wiped out early gains, leaving the index almost unchanged. The KSE-100 Index fell by 119.74 points, or 0.07%, to close at 181,310.28. Globally, oil prices surged on Tuesday due to the deadlock in talks between the US and Iran regarding a peace accord and the potential reopening of the Strait of Hormuz. Meanwhile, Asian markets remained uncertain about the global inflation outlook. US President Donald Trump responded to Iran's demands for compensation for war-related losses with his own conditions, escalating tensions further and complicating efforts to resolve the issue. Brent crude prices reached $88.00 per barrel, the highest since July 31, while US crude futures increased to $82.45. These rising fuel costs add complexity to expectations for the U.S. July consumer price report on Wednesday, which is anticipated to show a monthly increase of 0.1% for the headline reading and 0.2% for the core measure. MSCI's broad Asia-Pacific index outside Japan saw mixed performance, ending up 0.2%, while South Korea's Kospi rose by 0.3%. The volatile Gulf situation continues to cast a shadow over market sentiment.",
  "summary": "Selling pressure was observed at the Pakistan Stock Exchange (PSX) amid fading hopes of a deal between the US and Iran to end their war and reopen the Strait of Hormuz, with the benchmark KSE-100 Index shedding over 1,100 points during the opening minutes of trading on Tuesday. At 9:35am, the benchmark index was hovering at 180,156.77, down by 1,153.51 points or 0.64%. Selling was observed in key…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Buying observed at bourse, KSE-100 up 400 points",
        "url": "https://urgent.news/2026/08/10/buying-observed-at-bourse-kse-100-up-400-points",
        "published": "2026-08-10T05:00:56.000Z"
      }
    ]
  },
  "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."
}