Pakistan, Dec. 17 -- The Pakistan Stock Exchange (PSX) witnessed a notable decline during intraday trading on Wednesday as investors resorted to profit-taking, erasing early gains. Market sentiment remained cautious amid continued volatility in the trading session.

In early hours, the benchmark KSE-100 Index climbed to an intraday high of 171,932.62 points, reflecting initial buying interest. However, the momentum could not be sustained as investors began booking profits.

As a result, the index dropped sharply by 994.15 points to 169,453.14 points, compared to the previous close of 170,447.29 points. The sharp reversal highlighted nervous investor behavior amid uncertain market conditions.

Analysts noted that profit-taking is common af...