On Monday, the Pakistan Stock Exchange (PSX) lost 368 points, and the KSE-100 index was trading under the 43,000-point level.
The PSX witnessed a decline by 368-points and traded at 42,902 points amid rising political temperatures in the country.
It is important to note that the Pakistan Tehreek-e-Insaf (PTI) leadership and workers arrived in Bani Gala after learning about the arrest of the former prime minister Imran Khan.
Details indicate that many PTI workers gathered outside Bani Gala after hearing about Imran Khan’s arrest on social media.
The workers have been told to go to Bani Gala by PTI leaders from all over the nation, including the leaders of Karachi and the Chief Minister of Gilgit-Baltistan. Bani Gala has also been achieved by Asad Umar, Faisal Javed, and Murad Saeed.
The PTI chairman, who was charged with violating the anti-terrorism law for criticizing law enforcement and judicial officials, was given a protective bail until Thursday.
The PSX has increased to 43,000 points from 41,000 points during the last week as it has maintained a positive performance amid news that Pakistan is getting closer to obtaining a loan tranche of US$1.17 billion from the IMF.
Pakistan has successfully met all of the goals set forth for the renewal of the Extended Fund Facility (EFF) program, according to the IMF.
According to Esther Perez Ruiz, the resident representative of the International Monetary Fund (IMF) in Islamabad, Pakistan has achieved all of the financial goals established by the fund. The last measure was completed on July 31 when the charge on petrol was extended.
