Pakistan, Feb. 26 -- The Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday morning, with the benchmark KSE-100 Index falling by 49.78 points.

By 11 a.m., the market stood at 114,478.30 points, marking a 0.04% decline from the previous session's closing of 114,528.08 points.

The trading day started on a positive note, with the index surging to 114,762.92 points after gaining over 200 points. However, the bullish momentum was short-lived as selling pressure took over, dragging the index down to 114,219.95. While some losses were recovered, the market remained in the red by mid-morning.

On Tuesday, the PSX had maintained a bullish trend, gaining 197 points by the session's close. The market opened strong on the second t...