KARACHI – The Pakistan Stock Exchange (PSX) has registered massive gains in early trading session on Wednesday after Pakistan Tehreek-e-Insaf (PTI) ended the protest, which was launched on November 24.
As per data available on PSX site at 10:26 am, the KSE-100 index gained 3,395.42 points to climb to 97,969.98 points during intra-day trading as investors have responded positively to subside in political unrest in the country.
A day earlier, the KSE-100 closed at 94,574.16 points after it witnessed bearish trend due to political tension in the country after PTI protesters entered the capital city amid clashes with security officials.
The PTI announced calling off the protest after security officials dispersed the protesters in Red Zone with KP Chief Minister Ali Amin Gandapur and former prime minister Imran Khan’s wife Bushra Bibi reportedly fleeing the protest site.
The PTI later issued a press released, stating: “In light of the government’s brutality and plans to turn the federal capital into a “slaughterhouse” for unarmed citizens, we are announcing the temporary suspension of our peaceful protest.”
It said that the future course of action will be announcing after getting guidelines from Imran Khan.
During the protests, four security officials, including three Rangers personnel, eight civilians lost their lives after clashes ensured.
This is a developing story…
