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Graphite India shares rocket over 18% to extend gains for second session. What’s behind the surge?

Graphite India shares surged 18.5% after GrafTech announced a minimum 30% hike in graphite electrode prices, raising hopes of improved realisations and margins. The company’s June-quarter profit rose 28.4%, while EBITDA margin expanded sharply to 17.1%.

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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PSX: Selling continues, KSE-100 down nearly 400 points

Selling continued at the Pakistan Stock Exchange (PSX) amid negative sentiment among investors following renewed attacks across the Middle East, with the benchmark KSE-100 Index shedding nearly 400 points during the opening minutes of trading on Wednesday.

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