Sharif picks finance minister as Pakistan stocks hit high

ISLAMABAD: Pakistan election-winner Nawaz Sharif has picked a veteran finance minister to serve in his Cabinet as Karachi stocks hit an all-time high on Monday over hopes that his pro-business agenda can revive the economy.

Sharif, who sought to present himself as a pragmatist who can do business with the United States and improve relations with nuclear rival India, won a resounding victory in Saturday’s landmark polls.