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KARACHI:The seven week bull-run finally came to an end as the stock market succumbed to the increasing political pressure and finished the week down 84 points or 0.2% at 40,833 points.The outgoing week was marred with momentou
green dunks s developments on the political front, which kept the overall sentiments somewhat frayed.The week kicked off with a bang as the KSE-100 index shot up to hit a 13-month high after investors engaged in buying exploration and production stocks on news that Pakistan had invited Russia to invest in state-owned oil and gas firms.Late last week, Pakistan invited Russia to participate in the divestment of government s shareholding in Oil and Gas Development Company (OGDC) and Pakistan Petroleum Limited (PPL) and become a strategic partner by acquiring shares. The upward momentum was also due to expectations relating to the rollover of deposit amounting $5 billion from UAE and Saudi Arabia was reported.Market watch: Stocks battered
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Prime Minister Benjamin Netanyahu said Tuesday he was prepared for further military action in Gaza after cutting short a Washington visit and returning to Israel following a shaky ceasefire announced by Hamas.After Hama
nike air max 270 damen s said Egypt had brokered a truce late Monday aimed at ending a severe escalation, further exchanges of fire occurred throughout the night before calm again returned at around 6:00 am.Gaza and Israeli cities near the Palestinian enclave remained quiet throughout the day.UN envoy for the Middle East Nickolay Mladenov told the United Nations Security Council that a fra
nike dunk gile calm had returned but the situation remained extremely tense .Israel, Hamas clash over G
jordan3 aza, then truce reachedThere were no deaths on either side, but seven Israelis and seven Palestinians were wounded in the flare-up at a highly sensitive time ahead of Israel's April 9 elections.Speaking via satellite link to pro-Israel lobby AIPAC's annual conference after returning from Washington, where he met US
