The Pakistan Stock Exchange (PSX) witnessed a bearish trend on the third trading day of the week, with the benchmark index recording a sharp decline of 1,505 points, closing at 120,465 points.

A total of 470 companies’ shares were traded during the session, out of which 327 saw a decline in value, indicating widespread selling pressure across the board.

This follows a 254-point drop in the previous session, which saw the market close at 121,971 points.