Pakistan Stock Market Surges on IMF Support and Political Stability

Shares at the Pakistan Stock Exchange rally over 900 points after the IMF signals readiness to work with new government
Analysts attribute the rally to restoring investor confidence in light of the IMF's assurance
IMF states it looks forward to engaging with new government on policies for macroeconomic stability and prosperity
Appointment of the finance minister was a key development the market was waiting for
Political stability also helped drive the stock market’s strong performance as MPAs take oath in Punjab and Sindh assemblies