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PSX increases by 1,917 points.

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The Pakistan Stock Exchange’s (PSX) 100-index saw a strong trend on Monday, finishing at 103,274.95 points, up 1,917.63 points, or 1.89 percent, from close at 101,357.32 points the previous trading day.

The number of shares traded throughout the day was 1,556,252,523 compared to 915,509,804 shares the day before, and the price of shares was Rs47.097 billion as opposed to Rs35.978 billion on the day before. The stock market saw transactions involving up to 462 entities. The share prices of 38 firms stayed the same, while 339 of them had gains and 85 experienced losses.

Cnergyico PK, with 196,907,321 shares at Rs5.72 per share; WorldCall Telecom, with 213,514,857 shares at Rs1.46 per share; and Fauji Foods Limited, with 68,325,507 shares at Rs13.62 per share, were the top three trading companies. The share price of Unilever Pakistan Foods Limited increased by a maximum of Rs270.00, finishing at Rs19,800.01; Services Industries Limited, the runner-up, saw a price increase of Rs134.94, reaching Rs1,484.30. The share price of Ismail Industries Limited dropped by a maximum of Rs38.28, closing at Rs1,599.82. Pakistan Tobacco Company Limited saw a reduction of Rs20.23, closing at Rs1,214.96.

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E&P Companies Will Invest $5 Billion in Pakistan’s Petroleum Industry

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Over the next three years, local and foreign companies involved in Pakistan’s oil and gas exploration and production sector have shown a strong desire to invest more than $5 billion in the nation’s energy sector.

Recent changes to the Petroleum Policy and the implementation of an exclusive tight gas policy, which provide better incentives and a more investor-friendly regulatory framework, are credited with the increase in investor confidence.

These strategic changes are expected to boost domestic energy production, open up new avenues for growth, and draw large amounts of both domestic and foreign investment.

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PTI Encouraged Chaos and Sabotage: Rana Tanveer

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According to Rana Tanveer Hussain, the federal minister for food security, PTI encouraged violence, disorder, vandalism, and derogatory language in the nation’s politics.

The Minister told the reporters at Muridke that the founder PTI’s anti-nationalism and sabotage tactics are clear.

After Eid, he claimed, there won’t be any opposition movement since their leaders are still considering

According to the Minister, PTI is a tale of the past with a bleak future.

Additionally, he stated that the PTI has a history of flinging insults on one side and pleading on the other.

Rana Tanveer Hussain stated that the courts, not Trump, ought to determine what the PTI founder done to the nation.

Farmers would profit from the deregulation of commodity prices, especially those of wheat, according to the minister.

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DPM Restates Abundant Support for the Palestinian Cause

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Senator Muhammad Ishaq Dar, the country’s foreign minister and deputy prime minister, has reiterated Pakistan’s steadfast support for the Palestinian cause.

He made the statement while meeting with his Palestinian counterpart, Dr. Mohammed Mustafa, on the fringes of the Organization of Islamic Cooperation’s Extraordinary Council of Foreign Ministers meeting in Jeddah, Saudi Arabia.

Ishaq Dar reaffirmed Pakistan’s support for the creation of a viable, contiguous Palestinian state with Jerusalem as its capital, based on pre-1967 lines.

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