The KSE-100 Index rose by approximately 1.3 percent during early trading on Tuesday, following a 2 percent loss the previous day due to escalating political uncertainty and the potential banning of the PTI. The government is considering lodging a treason case under Article 6 against PTI founder Imran Khan, former president Arif Alvi, and former deputy speaker Qasim Suri.
By the end of the trading day, the Pakistan Stock Exchange saw its benchmark index close at 78,987.09, with a gain of 447.91 points or 0.57 percent, after reaching an intraday high of 79,578.34.
On Monday, the KSE-100 dropped by 1,578.71 points or 1.97 percent, with market experts attributing the decline to political tensions. They also noted that a correction was expected after a long rally, which saw the benchmark index climb to 81,839.86 on July 18.
Despite recent volatility, the Pakistan Stock Exchange has gained 22.20 percent during the current calendar year. This increase is attributed to the prospects of another IMF program and interest rate cuts, which began with a 1.5 percent reduction in borrowing costs on June 10.
