PSX falls on debt worries, profit-taking

The Pakistan Stock Exchange (PSX) witnessed range-bound trading on Monday as concerns over debt repayments and macroeconomic uncertainty weighed on investor sentiment during the rollover week. The benchmark KSE-100 index came under selling pressure, shedding nearly 380 points. The index closed at 138,217.58, down 379.78 points or 0.27pc. It fluctuated between an intraday high of 139,201.16 and a low of 138,149.57, with profit-taking emerging ahead of the July contract expiry. Ahsan Mehanti of Arif Habib Corporation said stocks remained under pressure amid geopolitical uncertainty, rising inflation fears, and speculation over the State Bank’s monetary policy decision next week. The rupee’s instability and concerns surrounding external debt repayments due in FY26 further contributed to the bearish sentiment.