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Avanti Feeds, Apex Frozen Foods, and Waterbase Ltd witnessed steep declines as investors priced in concerns over a potential impact on exports. Avanti Feeds tumbled 6.6% to Rs 645, Apex Frozen Foods slipped 6.5% to Rs 225.05, and Waterbase fell 4.5% to Rs 49.16.
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News and Media
Trump Pakistan Deal: Donald Trump announced a new energy deal between the U.S. and Pakistan, hinting at potential oil sales to India despite recent tariffs. Pakistan's current proven reserves are modest, but seismic surveys suggest significant offshore potential. Realizing this potential requires substantial investment and could face geopolitical challenges from China.
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Amidst volatile markets and global trade uncertainties, smart money is shifting beyond benchmark indices, focusing on high-potential sectors like EMS, auto ancillaries, and aerospace engineering. Despite tepid earnings expectations in some sectors, areas like cement and hotels are poised for double-digit growth.
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News and Media
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