Pakistan, April 9 -- The Pakistan Stock Exchange (PSX) experienced intense selling pressure in early trading on Wednesday, as the benchmark KSE-100 Index plunged by more than 1,500 points shortly after the market opened, dropping to 114,001.55 points.

At 9:35 AM, the index stood at 114,001.55 points, sharply down from Tuesday's close of 115,532.43 points.

On Tuesday, the market staged a recovery after Monday's major crash. The PSX opened positively and initially surged over 1,500 points, reaching 116,692.29. However, selling pressure in the latter half trimmed the gains, and the KSE-100 Index ended the session with a rise of 622.95 points, closing at 115,532.43-up 0.54% from Monday's 114,909.48 points.

Monday had witnessed a market blo...