The market has risen in the last two days as momentum appeared to shift to the PTI and PM Imran Khan, ahead of the no-confidence vote. However, uncertainty still remains as the opposition claims it has reached an agreement with the MQM.

While official notification has not come through, with MQM expected to announce its final decision later today (they could yet stay allied with the PTI), this overnight news could disrupt the recent rise in the KSE-100. The MQM’s swing 7 votes in the NA are decisive for the success or failure of the no confidence motion against the PM.

Courtesy – IMS Research