PSX sinks over 1,200 points amid profits, IMF concerns
The Pakistan Stock Exchange (PSX) closed sharply on Monday, as heavy profits dragged the KSE-100 index by 1,237.67 points or 0.73%, to settle at 167.752.40. The sale came amid investor warnings following reports that the International Monetary Fund (IMF) raised concerns about divergences in commercial data reported by the Pakistan Single Window (PSW) and Pakistan Automation Limited (Pral), putting the recent macroeconomic progress. Analysts have described the phase as a temporary pause and soon await a renewed investor confidence. Reading: PSX keeps a record record Market experts attributed the fall to a combination of domestic and geopolitical actors. M. Waqas



