Minutes After Panama Verdict, PSX Rises by 1800 Points [Developing]

The PSX, after weeks of volatility over the Panama Case verdict, is responding positively to the result being announced.

After the Supreme Court ruled that a Joint Investigation Committee (JIT) be formed to further look into the Panama Case, the market jumped rapidly by over 1800 points. Right now, it is trading at over 49,000 points.

Volumes increased as 126 million shares worth Rs12.46 billion were traded.

Stocks of 304 companies are up, 41 down and 14 are unchanged.

This is a developing story, we’ll update it as we get more information

  • The rich continue to be richer. The Elite continue to be Elitist! This is Pakistan’s history!
    Nothing new here, not today. Same old patterns. Move on!
    Be strong in your dilemmas vote your next owner in 2018. Hail Democracy! Hail Pakistan!

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