The PSX-100 index gained 200 points and reached 61761 after there was a clarity on the political landscape who will be the next prime minister and the President as political forces made agreement for five-year term alliance.
On Wednesday, the stocks uptick 1,000 points and now investors term their investment secure as there will be a government in Center and all provinces streamlining the financial and the economic affairs domestically and the dealing with the international lender International Monitory Fund (IMF) for the next tranche of the money.
On the other hand, the US dollar also gained value against the Pakistani Rupee in the interbank trading on Thursday.
On Wednesday, the benchmark KSE 100-share index witnessed a rally to settle above 61,000 points.
Experts said the stock market maintained a positive trend throughout the session reaching an intraday high of 61,621 and a low of 60,907 points as optimist investors began strengthening their hope that power-sharing formula of the next government would end the uncertainty and bring political stability.
