The Pakistan Stock Exchange (PSX) experienced a dramatic downturn on Wednesday morning, with the benchmark KSE-100 index plummeting by nearly 6,500 points during intraday trade amid intense selling pressure.

The KSE-100 index dropped 6,560 points, falling to 107,007, down 5.78 percent from the previous close. By 9:35 AM, the index was still down 4.42 percent, or 5,016 points, at 108,552.

Trading activity saw 32.39 million shares change hands, with the total value of shares traded reaching Rs. 1.442 billion. Out of 298 companies that traded so far, only 12 recorded gains, while 277 suffered losses and 9 remained unchanged.

The sharp decline comes amid heightened regional tensions, contributing to widespread uncertainty and volatility in the market.