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Articles for tag: cease, IranIsrael, PSX, rebounds

June 25, 2025

News Desk

PSX rebounds as Iran-Israel cease

Brokers are busy with Pakistan’s Stock Exchange (PSX) in Karachi on Wednesday 4 June 2025. – PPI The KSE-100 index closed at 122,246.63, up 6,079.16 points or 5.23%. The index touched an intraperitoneal high of 122,725.21, increasing 6,557.74 points, or 5.65%. It was lowered 120,369.53, earning 4,202.06 points or 3.61%. The stock market increased on Tuesday, placing the second highest one -day profit on a final basis, as a ceasefire between Iran and Israel, and a sharp drop in oil prices triggered an institutional market and refurbished investor confidence. The Pakistani Stock Exchange (PSX) reference index installed 122,246.63, increased 6,079.16

June 24, 2025

News Desk

Rally shares, oil appears as Iran-Israel cease comes into force

A passerby is reflected on an electronic display showing a chart showing the medium -sized Nikkei shares in Japan outside a Tokyo intercession, Japan on April 9th ​​2025. – Reuters Brent slow future under 10% in two days. European, Asian shares and Wall St Futures Rise Rise. The dollar expands the pullback, the treasury performs firmly. Oil collapsed 4%, global shares increased and the dollar declined on Tuesday, as US President Donald Trump said the cease of Israel and Iran was in place, a dramatic recovery after the US bombed the Iranian nuclear parts. Brent Futures had already fallen by

June 24, 2025

News Desk

PSX increases 5.58%as market concentrations after Iran-Israel ceasefire

Listen to the article The Pakistan Stock Exchange (PSX) posted a sharp rally on Tuesday, with the KSE-100 reference index increasing 5470.16 points or 4.71% to 121,637.63 points during the intravenous trading, reflecting the increased optimism of investors after the investors’ Ceasfire between Iran and Israel. Today’s index won 6,479.11 points in the previous closure of 116.167.47, marking one of the biggest one -day profits in recent transactions. Source: PSX The market reached an intraperitoneal high of 122,725.21 and a low 120,369.53. The volume of transactions amounted to 236.9 million shares, with a total value of $ 20.6 billion, indicating

June 21, 2025

News Desk

OGRA directs petroleum companies to maintain 20-day stocks in the midst of Iran-Israel conflict

Listen to the article The Oil and Natural Gas Regulatory Authority (OGRA) has directed all oil marketing companies (OMCS) to keep fuel stocks to ensure uninterrupted supply throughout the country in the midst of evolving market conditions after the Iranian-Israel conflict. In a statement issued on Saturday, OGRA spokesman Imran Ghaznavi said all OMCs have been ordered to maintain 20 -day mandatory fuel reserves, as required in accordance with licensing terms. “OGRA further emphasizes that companies must fully comply with these conditions to ensure smooth fuel at national level,” the statement said. Ghaznavi added that Pakistan has currently sufficient oil

June 21, 2025

News Desk

Pakistan orders Emergency Imports of Iran-Israel War

People are waiting for their turn to get fuel at a gas station in Karachi, Pakistan 2 June 2022. – Reuters Additional gasoline will be available in the country until July 1, officials say. Fuel prices may increase the global trend. Prices of oil tankers have increased by 15%. In the light of Iran-Israel’s ongoing conflict, the federal government has ordered oil marketing companies to maintain at least 20 days of fuel reserves and ordered the immediate import of 140 million liters of gasoline. The Oil and Natural Gas Regulatory Authority (OGRA) has issued an official directive on oil companies

June 14, 2025

News Desk

India hit hard as the closure of airspace in 6 countries disrupts flights amid Iran-Israel conflict

A volunteer driver passengers at their respective gates, as several airlines had flight delays following a significant technical dysfunction that influenced check-in for airlines at Chhatrapati Shivaji Maharaj International Airport in Bombay, July 19, July 19. Iran’s airspace closes after Israeli strikes. Jordan issues notice to close its airspace. Flights from Vancouver, Chicago to Delhi reset to Jeddah. The India Air Force is facing significant losses as the closure of airspace in six countries, after Iran’s retaliation in Israeli attacks, disrupts key international flight routes. According to aviation sources, 30 Indian flights were diverted and many flights were canceled during

May 15, 2024

News Desk

Jordan Shelvs Weapons Plan As Kingdom Trapped In Iran-Israel Shadow War

AMMAN: Jordan has thwarted a suspected Iran-led plan to smuggle weapons into the US-allied kingdom to help opponents of the ruling monarchy carry out acts of sabotage, according to two Jordanian sources with knowledge of the matter. The weapons were sent by Iran-backed militias in Syria to a Muslim Brotherhood cell in Jordan that has ties to the military wing of the Palestinian group Hamas, the people said. Reuters. The cache was seized when members of the cell, Jordanians of Palestinian descent, were arrested in late March, they said. The alleged plot and arrests, first reported here, come at a

April 20, 2024

News Desk

Oil stabilizes amid easing of Iran-Israel tensions

NEW YORK: Oil was steady on Friday after an earlier rise above $3 a barrel after Iran played down reported Israeli attacks on its soil, in a sign that an escalation of hostilities in the Middle East may be averted. Brent futures were up 10 cents at $87.21 a barrel by 14:30 GMT. U.S. West Texas Intermediate (WTI) crude futures for May were up 27 cents at $83 a barrel. The most active June contract rose 15 cents to $82.25 a barrel. Explosions were heard in the Iranian city of Isfahan on Friday in what sources described as an Israeli

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