{
  "id": 6552754,
  "title": "PSX: Selling continues, KSE-100 sheds nearly 900 points",
  "url": "https://urgent.news/2026/09/10/psx-selling-continues-kse-100-sheds-nearly-900-points",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-10T05:46:56.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40438816/psx-selling-continues-kse-100-sheds-nearly-900-points"
  },
  "original_language": "en",
  "account": "Selling pressure persisted at the Pakistan Stock Exchange (PSX) on Thursday as Iran and the United States initiated their largest attacks on shipping since the six-month-long conflict escalated, causing the KSE-100 Index to plummet nearly 900 points during the initial hours of trading. By 10:40am, the benchmark index was at 171,058.74, marking a decline of 884.85 points or 0.51%. Trading losses were witnessed in crucial sectors such as automobile manufacturers, cement producers, commercial banks, fertilizer companies, oil and gas exploration firms, and oil marketing companies (OMCs). Notably, index constituents like PSO, MARI, OGDC, PPL, FFC, MCB, MEBL, and NBP were traded in the red.\n\nThe preceding day, persistent geopolitical tensions in the Middle East and surging global crude oil prices had dragged the PSX into a negative zone as selective profit-taking led key benchmark indices to close lower. The KSE-100 Index experienced a decline of 698.56 points, or 0.40%, settling at 171,943.60 points. Globally, Asian stocks experienced a decline on Thursday as the largest wave of shipping attacks in the expanding war kept oil prices above $100 a barrel, leaving investors apprehensive ahead of US inflation data that would impact monetary policy decisions. Meanwhile, US Treasury yields remained stable at 4.8406% following their highest level since 2023 in the previous session, as the Treasury Department announced a $6 billion buyback of longer-dated bonds, which disappointed investors who had anticipated greater action. Brent crude futures rose to $101.4 per barrel in early trading, having surpassed the psychologically significant $100 mark on Wednesday for the first time since July, as traders contemplated the potential inflationary pressures. MSCI's broadest index tracking Asia-Pacific shares outside Japan slipped 1%. The Nikkei and KOSPI indices in Japan and South Korea, respectively, declined by over 1%.",
  "summary": "Selling pressure continued at the Pakistan Stock Exchange (PSX) on Thursday as Iran and the United States launched their largest attacks on shipping since their six-month-old conflict began, with the benchmark KSE-100 Index shedding nearly 900 points during the opening hours of trading. At 10:40am, the benchmark index hovered at 171,058.74, down 884.85 points or 0.51%. Selling was observed in key…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "PSX: Selling continues, KSE-100 down nearly 400 points",
        "url": "https://urgent.news/2026/09/09/psx-selling-continues-kse-100-down-nearly-400-points",
        "published": "2026-09-09T05:48:23.000Z"
      }
    ]
  },
  "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."
}