The Pakistan Stock Exchange (PSX) has been having a tough time lately. For the third time in a row after the recent elections, the main KSE-100 index has been dropping. It went down by almost 1,400 points. The reason for this is that people are unsure about what will happen with the new government.
Experts say that the unexpected results of the election are causing this drop. The results turned out differently from what people thought would happen before the elections took place.
Investors are feeling worried because the election results didn’t make it clear who will be in charge of the government. Until the parties that won decide on their plans for the economy and who will be on their team, the stock market might continue to go down.
The Pakistan Tehreek-e-Insaf (PTI) won the most seats in the election. But they have said they won’t form a government. On the other hand, the Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) are talking about joining forces to form a government. This uncertainty about who will lead the country is making investors uneasy.
