Summary If PM gets a clean chit in Panama case, the stock market is likely to see a surge of 5000 points
LAHORE: (Dunya News) – Pakistan Stock Exchange (PSX) is likely to see a massive surge in case Prime Minister (PM) Nawaz Sharif gets a clean chit from Supreme Court in Panama Leaks case. The experts believe that the stock market might go up by 5000 points in such an eventuality, reported Dunya News.
However, the political analysts believe that there is only a probability of 20% of PM getting a clean chit in this case. The stock market experts believe that there are 30% chances that Supreme Court would form a judicial commission to probe the scandal.
They said that in case of that formation of a judicial council, the stock market is likely to see a surge of 2000 points but if Supreme Court disqualifies PM, PSX index will drop by 1000 points.
