PSX gains 1,113 points after Panama case hearing, Qatari minister visit
1,113 points were added in 100-index, closing the market on 45,636 mark
(Web Desk) – Pakistan Stock Exchange (PSX) 100-index has gained 1,113 points on Tuesday as the market closed on a 35,636 figure.
Experts believe that today’s Panama case hearing followed by the Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani Pakistan visit has positively motivated the investors. The value of stocks has piled up to Rs. 192 billion.
However, financial consultants have maintained that the stock market suffered huge loss from the ongoing political unrest owing to Panama case hearings, appearances of Sharif family members in front of Joint Investigation Team (JIT) and the findings report.
The market has witnessed several ups and downs in the midst of political unrest, but the situation will improve as soon as the Panama case settles, according to one expert’s opinion.
The rise of 1,113 points in index-100 of PSX and the closing at 45,636 points has been perceived as a positive sign.
