The stock market plummets as the KSE-100 index declines by 1,703 points.

The Pakistan Stock Exchange (PSX) had a significant decline on Wednesday, as initial mixed trade rapidly escalated into a substantial sell-off.

At the conclusion of the trading session, the benchmark KSE-100 Index had a decline of 1,703 points, finishing at 159,578 points, in contrast to the prior day’s close of 161,281 points.

Throughout the day, the index reached an intraday low of 159,216 points and a high of 162,052 points before investors commenced liquidating shares due to uncertainty.

Market analysts indicated that the decline resulted from investors opting to secure profits and adopt a cautious approach due to apprehensions regarding the economic outlook and global market trends.