Equities tumbled sharply on early Wednesday morning as the Pakistan Stock Exchange (PSX) lost more than 2,500 points amid investor fears of a potential Indian attack across the Line of Control (LoC) within the next 24 to 36 hours.

At 9:40 AM, the benchmark KSE-100 index dropped 1,832 points, or 1.59 percent, settling at 113,040 before partially recovering in the following 30 minutes. By 10:20 AM, the index was down 1,531 points (1.33 percent) at 113,340. However, at 10:48 AM, the KSE-100 plunged further, losing 2,566 points or 2.23 percent to reach 112,306.

Trading volumes remained active, with 69.3 million shares valued at Rs. 4.58 billion exchanged by the time of reporting.

A total of 394 companies traded shares during the session, with 75 recording gains, 305 posting losses, and 14 remaining unchanged.