Global markets navigate mixed signals as Pakistan's forex reserves strengthen, Gulf stocks decline amid Iran tensions, and major tech stocks show divergent momentum despite strong earnings.

Pakistan's State Bank foreign exchange reserves increased by $611 million to $16.5 billion during the week ended June 24, 2026, driven primarily by multilateral inflows, strengthening the country's external position.

Most Gulf stock markets closed lower on Thursday as US-Iran negotiations show limited progress, reflecting investor caution over geopolitical tensions and potential impact on regional economies and oil markets.

Tesla's stock declined toward its worst day in a year despite shipping 480,126 electric vehicles last quarter, significantly exceeding analyst expectations, indicating market concern over valuations despite strong operational performance.

Palantir's shares bounced back as analysts highlighted the software company's unique artificial intelligence advantages, marking a strong recovery following a weak June performance and signaling renewed investor confidence in AI-focused firms.

Pakistan's Economic Coordination Committee approved a Rs4.188 billion severance package for PASSCO employees alongside wheat disposal and trade policy amendments, addressing structural economic challenges.

India's Oil Minister called for increased oil and fuel storage capacity while prices remain low and emphasized strengthening bilateral energy partnerships to enhance energy security amid global supply uncertainties.

Indian refiner Nayara Energy's gasoline is being sold to Russia through traders, highlighting how sanctions and Ukrainian attacks on Russian energy infrastructure are reshaping global fuel supply chains and trade flows.

Pakistan's telecom authority is monitoring internet disruptions caused by a fault in the SEA-ME-WE 5 submarine cable, with potential implications for regional connectivity and digital economy operations.

A major satellite TV company filed for Chapter 11 bankruptcy, reflecting broader industry challenges from cord-cutting trends and shifting consumer preferences toward streaming services.

Treasury Department clarified that 'Trump accounts' for children must be invested in low-cost index funds, establishing regulatory parameters for a new investment vehicle and affecting parental investment strategies.