The Pakistan Stock Exchange (PSX) snapped a five-day bullish streak on Tuesday, falling by over 1,100 points to settle below the 187,000-point mark as investors resorted to profit-taking following the market’s recent record-breaking rally. The reversal came after economic optimism — driven by falling energy prices and a likely cut in the interest rate — propelled the KSE-100 index above 187,000 points on Monday, leading analysts to believe it might surpass its all-time high of 189,167 in January. Despite hitting a high of 188,126.67 points early in today’s session, the index then plunged by nearly 1,500 points before 10am, and remained volatile before declining further later in the session.