The Pakistan Stock Exchange's (PSX) benchmark KSE-100 index experienced a significant decline of 2,939.51 points, or 1.58%, during intraday trading on Wednesday, ending at 183,316.04 points.This drop followed a five-day bullish streak that ended on Tuesday with a fall of over 1,100 points.Analysts attribute the decline to selling pressure in key sectors and cautious investor sentiment amid weakness in regional markets.

The reversal came after the index had surged above 187,000 points due to economic optimism from falling energy prices and potential interest rate cuts.Topline Securities noted that participants locked in gains after the KSE-100's strong upward trend.

The market's recent volatility highlights the interplay between global economic factors and local investor behavior, with the PSX remaining sensitive to regional market dynamics and policy expectations.