Pakistan shares on track to record highest ever point-wise gains on IMF deal
Pakistan’s benchmark share index rose over 6% after securing a $3 billion financial package from the IMF. Auto stocks increased as import restrictions are expected to ease. Automakers, including Pakistan Suzuki Motor and Honda Atlas Cars, experienced gains of 7.5% while Indus Motor Co. rose 6%. With the import ban lifted and the IMF deal secured, companies in the auto sector will not face any supply chain issues.
