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The Pakistan Stock Exchange (PSX) dropped sharply after India imposed tough diplomatic measures in response to the Pahalgam terror attack. The KSE-100 index fell 2.12%, reflecting investor concern. Meanwhile, Indian markets showed resilience, despite geopolitical tensions and IMF's downgraded growth forecast for Pakistan.
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News and Media
Trump's trade war and annexation threats have unexpectedly boosted the Liberal Party's chances in Canada's upcoming election. The new Liberal leader, Mark Carney, is now positioned to potentially secure a fourth term, capitalizing on a surge of Canadian nationalism fueled by Trump's actions. Opposition leader Pierre Poilievre's "Canada First" approach, mirroring Trump's style, may backfire.
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News and Media
What the market has lacked for quite a while since April 2nd is any form of certainty. And while I do not think we have any certainty from these discussions, there is at least a positive movement towards trying to rectify some of these trade issues.
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News and Media
Chinese internet users are mocking the Trump administration. They are using AI to create satirical content. This includes videos and music. These poke fun at figures like Trump, Vance, Rubio, and Musk. The trolling reflects changing views of America in China. Some see it as easier to criticize foreign leaders than their own.
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News and Media
MarketSmith has a positive view on several stocks that it considers are near the buy point. These stocks include Bharti Airtel, BSE, PG Electroplast, Indian Hotels, and Cholamandalam Investment and Finance. Here is a list of 7 stocks that are near the buy point, as listed on MarketSmith:
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News and Media
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