Shanghai stocks closed at a 10-year high on Monday, bucking regional weakness in the wake of the Iran conflict as investors snapped up energy, gold and defence shares.Read More
Pakistan’s KSE-30 Index experienced its largest-ever plunge, falling 7.3% after geopolitical tensions in the Middle East escalated due to US and Israeli strikes on Iran. Pro-Iran protests across the country, resulting in at least 30 deaths, further fueled market declines. Escalating tensions with Afghanistan also contributed to the index briefly entering bear-market territory.Read More
Adani Ports shares fell sharply as the Iran–Israel conflict intensified, raising concerns over potential disruptions at its Haifa Port operations. While the company said all assets remain secure, escalating retaliatory strikes and rising geopolitical risks in the Middle East have heightened worries about trade impact and operational continuity.Read More
Chris Wood of Jefferies sees gold potentially hitting $10,000 in five years, backed by geopolitical tensions, central bank accumulation and structural shifts in global reserves. He flags short-term consolidation risks but maintains a long-term bullish view, citing gold’s role as a hedge amid rising uncertainty and evolving monetary dynamics.Read More
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