Pakistan, July 9 -- The Pakistan Stock Exchange (PSX) fell sharply on Wednesday after several days of record gains. The KSE-100 Index lost 826.21 points, or 0.62%, closing at 132,576.98. The market moved up and down during the day, reaching a high of 133,566 before falling to 132,326. Trading stayed busy with 161 million shares changing hands.

Most companies saw losses as 70 out of 100 stocks ended in the red. Leading the fall were banks and fertilizer companies. Pak Services Limited dropped 5%, and Habib Gulzar Foods lost 3%. However, some stocks like Bannu Woollen Mills and Gadoon Textile Mills rose by 10%. This mix shows investors were selling some shares while buying others.

The biggest drop in the index came from large companies li...