PSX falls below 133,000 and more than 900 points.
Due to investors’ decision to lock in recent gains, the Pakistan Stock Exchange (PSX) opened Wednesday lower.
The KSE-100 index fell 984.11 points during intraday trading, reaching 132,419.08 points, representing a 0.74 percent decline.
Before settling nearly flat, the local stock exchange fluctuated during the trading session the day before.
The benchmark index saw a modest 33-point increase, closing at 133,403 after reaching an intraday high of 830 points and a low of 673 points.
The stock market paused on Tuesday after a robust run of consecutive gains, with sector-wise profit booking taking center stage.
As investors awaited fresh information on U.S. tariffs amid anticipations of growing crude inventories in the United States, oil prices marginally declined on Wednesday after hitting two-week highs the day before.
By 0400 GMT, Brent crude futures were down 7 cents, or 0.1%, at $70.08 per barrel. At $68.25 per barrel, U.S. West Texas Intermediate crude dropped 8 cents, or 0.1%.
