The Chai Tattle - 1st June 2026
The US-Iran has flared up sending stocks down.
MesoQuill Research
The markets are officially spooked as Iran responded to US attacks on its radar site but targeting US bases in Kuwait. This development spooked Pakistani investors as values took a started dropping after mid-day as more news came out.
Liquidity returned to more stocks than expected - 71% as investors tried to offload positions.
The return profile is expectedly negative with higher peaks, however a few stocks notched outlier positive returns - 15, which hit their upper caps, notably JSBL, QUICE, and HCAR.
Top News
STL plans to issue right shares worth more than 914mn in the near future.
IDRT announced that they are looking to expands its portfolio by utilizing existing space at its facilities in a bid to up profitability.
