KARACHI: KSE-100 suffered dramatic fall in final 60 minutes of trading with analysts saying that an inability to access real-time share prices led to some panic selling after Pakistan saw massive disruption in internet services.

Benchmark index hovered in narrow range in morning hours as market grappled with increase in oil prices after Hamas leader Ismail Haniyeh was killed in Iran. However, it was final hour when panic selling was witnessed amid reports of internet outage and slow connectivity, taking index deeper into red. Index was seen falling from 78,529 to 77,810.16 within minutes, fall of over 700 points. At close, KSE-100 was at 77,886.98, fall of of 742 points or 0.94 percent. Volume on all-share index increased to 382.6 million from 313.08 million session ago. Value of shares declined to Rs 14.64 billion from Rs 17.61 billion in previous session. WorldCall Telecom was volume leader with 81.16 million shares, followed by Kohinoor Spining with 24.7 million shares and TPL Properties with 19.7 million shares. Shares of 442 companies were traded on Wednesday, of which 118 registered an increase, 254 recorded fall while 70 remained unchanged. Globally, Asian stocks clung to familiar ranges on Wednesday after contrasting results from tech bellwether Microsoft and chipmaker AMD suggested divide in AI landscape while yen was firm ahead of Bank of Japan's policy decision. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.23 percent higher but on course for 1.2 percent decline for month, snapping five-month winning streak.