The KSE-100 Index fell as much as 2,624.91 points or 1.59%, on Monday as higher global crude prices, rising yields, inflation concerns and IMF-linked fiscal tightening weighed on investors.
The Pakistan Stock Exchange benchmark traded between an intraday high of 164,939.08 and a low of 162,971.16, compared with the previous close of 165,596.07.
Market pressure followed a broader global pullback as the US-Iran conflict pushed oil prices higher and lifted government bond yields.
Domestic sentiment also weakened over Pakistan’s revenue adjustment and fiscal tightening commitments under its International Monetary Fund programme.
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The Pakistan Bureau of Statistics reported that weekly inflation, measured by the Sensitive Price Indicator, rose 0.47% in the week ended May 14. SPI climbed to 358.71 points from 357.04, while year-on-year inflation stood at 14.52%.
Investor attention also stayed on Pakistan’s IMF engagement after the country received a $1.3 billion disbursement under the Extended Fund Facility and Resilience and Sustainability Facility.
Finance Minister Muhammad Aurangzeb continued budget talks with a visiting IMF mission ahead of the FY27 budget.
On Friday, the KSE-100 Index closed 902.76 points lower at 165,596.07. The benchmark lost 5,520 points, or 3.23%, during the week.
