PM, Leader of Opposition to announce Caretaker Prime Minister shortly

MG News | May 28, 2018 at 12:17 PM GMT+05:00

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According to latest media reports, Prime Minister Shahid Khaqqan Abbasi and Leader of the Opposition Mr. Khurshid Shah will announce the name of caretaker Prime Minister taking charge of the caretaker government.

The caretaker government will be in place for a period of more than two months, as it will be tasked to overlook and oversee the General Elections, 2018.

During the last five caretaker government, the stock market has gone through a double digit rally.

KSE – 100 Index Performance
Caretaker PM	Date Formed	KSE100 Return
Moin Ahmed Qureshi	18 – July – 1993	14.4 percent
Malik Meraj Khalid	17 – Feb – 1996	15.3 percent
Muhammad Mian Soomro	16 – Nov – 2007	15.6 percent
Justice(R) Mir Hazar Khan Khoso	25 – Mar – 2013	23.0 percent

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Name	Price/Vol	%Chg/NChg
KSE100	167,844.25 170.38M	-0.40% -670.20
ALLSHR	101,190.46 479.24M	-0.24% -244.65
KSE30	50,308.01 73.54M	-0.54% -271.17
KMI30	241,041.17 72.56M	-0.54% -1308.61
KMIALLSHR	65,768.91 266.90M	-0.34% -227.18
BKTi	45,905.17 27.93M	-0.59% -271.56
OGTi	35,557.92 7.24M	-0.32% -112.64

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	75,915.00	77,940.00 75,590.00	-1780.00 -2.29%
BRENT CRUDE	104.25	106.36 101.34	1.67 1.63%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-9.00 -7.56%
ROTTERDAM COAL MONTHLY	113.00	0.00 0.00	0.45 0.40%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	97.00	99.43 94.73	0.65 0.67%
SUGAR #11 WORLD	14.68	14.91 14.59	-0.22 -1.48%