Pakistan stocks jump most since 2020 on political stability hope ...Qatar

Pakistan stocks rallied despite a broad equity selloff in Asia on hopes an impending vote that will likely elect opposition leader Shehbaz Sharif as the next prime minister would bring political stability. The KSE-100 Index jumped 3.8% on Monday to post its biggest gain since April 2020, after former cricket star Imran Khan was ousted in a no-confidence vote that ended his four-year run. The nation’s currency also climbed. Pakistan’s parliament later elected Shehbaz Sharif as prime minister, ending weeks of political turmoil. A reduction in political uncertainty is helping investor sentiment, said Mohamed Sohail, chief executive officer at Topline Securities in Karachi. Meanwhile, Pakistan’

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