The Punjab government has ordered the closure of all theatres in the province from the 1st to the 13th of Muharram, according to a statement issued by the Punjab Arts Council.

The statement said no stage dramas, theatrical performances and cultural programmes will be allowed throughout the period in observance of the sacredness of Muharram.

Theatre managements have been asked to follow the restriction in letter and spirit and keep all entertainment events suspended for the first 13 days of the Islamic month.

Security arrangements for Ashura are also being finalised across the country.

Since the United States removed its naval blockade, five Iranian ships have crossed the Strait of Hormuz.

At least three ships transporting crude oil and two carrying cargo have reportedly been able to transit through a vital waterway, according to Iranian media sources. In accordance with the deal with Iran, the US declared the lifting of its naval blockade, which led to this event.

A sizable supply of crude oil has sailed for Iranian ports, according to Iranian media.

With the maritime route gradually being restored, the normalising situation is reflected in the rise in naval activity in the Strait of Hormuz.

The benchmark KSE-100 Index broke beyond the 179,000-point threshold during early trade on Tuesday as the Pakistan Stock Exchange maintained its upward trend.

At the start of the second trading session of the week, the PSX saw strong purchasing activity. The KSE-100 Index continued its advances from the previous session, rising more than 2547 points to 179,587.06 points.

A mix of strengthening domestic and international variables, according to analysts, contributed to the increase. Investor confidence increased globally as a result of the United States and Iran reaching a historic agreement to stop hostilities and reopen the Strait of Hormuz. As worries about inflation and disruptions to the energy supply subsided, the development led to a drop in the price of oil globally.

Following the State Bank of Pakistan’s (SBP) most recent monetary policy pronouncement, which maintained the benchmark interest rate at 11.5 percent, the market was bolstered domestically by policy stability.