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Selling pressure continued to dominate the Pakistan Stock Exchange (PSX) on Wednesday, leading the benchmark KSE-100 Index to lose over 1,700 points.

Trading began in the positive zone, and at one point, the KSE-100 Index climbed to an intraday high of 162,052.45 points. However, profit-taking soon set in, dragging the index down to an intraday low of 159,216.86 points.

By the close of trading, the KSE-100 Index had shed 1,703.57 points, or 1.06%, to settle at 159,578.19 points.

It is worth noting that on Tuesday, the index had already dropped by 1,521.39 points, or 0.93%, closing at 161,281.77 points.

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