SC Verdict: Supreme Court disqualifies Prime Minister Nawaz Sharif

MG News | July 28, 2017 at 01:00 PM GMT+05:00

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In a historic decision given by the Supreme Court, the Judges have disqualified the Prime Minister Nawaz Sharif.

Mr. Nawaz Sharif is the second Prime Minister who has been disqualified due to the Panama Papers.

Finance Minister Ishaq Dar and Captain Safdar, who is an MNA, were also declared unfit for office.

The Supreme Court bench said that on the basis information, cases would be opened against Finance Minister Ishaq Dar; MNA Captain Muhammad Safdar; Maryam, Hassan and Hussain Nawaz; as well as the premier.

KSE-100 dropped 719.48 points in anticipation of the verdict. The market touched an intra-session low of 44757.16 points, touched a high of 45905.76 points.

The volume traded totaled 53.7 million

The value traded stands at 4.3 billion in the first half of the trading.

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Name	Price/Vol	%Chg/NChg
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KSE30	52,413.79 113.03M	-0.27% -143.72
KMI30	244,645.84 109.10M	-0.15% -378.05
KMIALLSHR	67,050.27 450.39M	-0.02% -14.08
BKTi	47,413.54 37.21M	-0.37% -176.81
OGTi	33,419.75 8.88M	-0.20% -67.52

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,165.00	89,725.00 88,415.00	1105.00 1.25%
BRENT CRUDE	60.88	60.98 60.53	0.41 0.68%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.30 2.59%
ROTTERDAM COAL MONTHLY	96.90	0.00 0.00	0.30 0.31%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	56.91	57.00 56.60	0.39 0.69%
SUGAR #11 WORLD	14.85	14.87 14.45	0.37 2.56%