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The Chai Tattle - 13th April 2026

Talks in Islamabad failed to reach a political resolution, Trump directs US navy to blockade all ships to and from Iran ports making the ceasefire tenuous. Oil moves up and investors react with caution.

No positive news over the weekend as Donald Trump announced that the US would be blockading the Strait of Hormuz after negotiations were unsuccessful. This has sent the markets into a spin as Oil rose and all indexes declined including Dow, Nikkei, HS and the benchmark index declined more than 6000 points here too.

Returns are negatively skewed with high peaks as many of the main equities took major hits on price.

Top News

SCL has announced that a price of Rs750 per share has been accepted by major shareholders in its bid to delist the stock.

Earnings

SHSML announced that Al-Noor Fertilizer has purchased 11,789 shares in the company.

Rs 279.40
Rs 504,500