The Pakistan Stock Exchange witnessed a bullish trend at the start of business today, Wednesday, February 21.
A 1000-point gain in the 100 index was recorded in the first 10 minutes at the start of business.
With this increase, the 100 index crossed the level of 61 thousand points from 61 thousand 400 points.
It should be noted that there was a bearish trend in the Pakistan Iqstock market for the past several days, which was due to the increase in the political uncertainty after the general elections on February 8. After the consensus was reached for the settlement, a bearish trend emerged in the market.
According to the analysts, the consensus between the two major parties of the country has had a positive effect for the formation of the new government.