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.

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