The Pakistan Stock Exchange (PSX) closed sharply lower on Monday as heavy profit-taking dragged the KSE-100 index down by 1,237.67 points, or 0.73%, to settle at 167,752.40.

The sell-off came amid investor caution following reports that the International Monetary Fund (IMF) raised concerns over discrepancies in trade data reported by Pakistan Single Window (PSW) and Pakistan Revenue Automation Limited (PRAL), putting recent macroeconomic progress under scrutiny.

Analysts termed the phase as a temporary pause and expected a renewed investor confidence to reurn soon.

Market experts attributed the drop to a combination of domestic and geopolitical factors. M. Waqas Ghani, Head of Equity Research at JS Global, said stocks came under pressure due to a widening trade deficit and IMF reservat

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