Shares at the Pakistan Stock Exchange’s (PSX) benchmark index lost over 1,000 points in the intraday on Thursday.

According to the PSX website, the KSE-100 index shed 1,133.79 points, or depreciated by 1.82%, to stand at 61,020.05 levels by 3:44pm.

On Wednesday, the benchmark index gained more than 900 points over clarity on the political front.

The Topline securities described it as “a day with some sigh of relief”.

Pakistan equities initiated the business on a positive note on Wednesday, remained bullish throughout the session & eventually closed the day’s affair at 62,154 levels (gained 927 points; up 1.51%).

“The aforesaid buying momentum can be attributed to clarification with regards to formation of new government where major political parties agreed and informed about upcoming coalition setup via press conference, yesterday,” it said in a statement.