Gaza: Israel continues to bomb innocent Palestinians in Gaza, since October 7, the total number of martyrs has exceeded 35,000.

According to media reports, the news agency said that Israeli airstrikes shelled parts of northern, central and southern Gaza overnight and into Sunday morning. The Israeli military said jets hit more than 150 Hamas positions in the Gaza Strip yesterday.

The Kuwaiti hospital in Rafah stated on Sunday that it received the bodies of 18 martyrs killed in the past 24 hours.

The Ministry of Health of Gaza added that at least 63 people were martyred during the last 24 hours, bringing the total number of martyrs to 35,034 in Gaza, including mostly women and children.

The number of injured in the Israeli attacks has reached 78,755, in addition, due to the Israeli bombardment on the eastern part of Rafah, around 300,000 refugees have already moved from the area.

Meanwhile, according to the news agency, after more than seven months of devastation in the war, the head of the United Nations, Antonio Guterres, appealed for an immediate humanitarian ceasefire, the unconditional release of all hostages, and an increase in humanitarian aid.

Antonio Guterres was addressing the donors' conference on Gaza in Kuwait, in which the participating countries demanded two billion dollars for the rehabilitation of the devastated Gaza Strip.

The UN chief said the ceasefire would be the beginning of a long road to recovery from the devastation and trauma of the war.

Meanwhile, efforts to mediate a ceasefire between Egypt, Qatar, and the US appear to be at a standstill, with US President Joe Biden saying on Saturday that A ceasefire could happen immediately if Hamas releases hostages taken in the October 7 attack.

Hamas described Biden's statement as a major blow to the negotiations, saying that Israeli Prime Minister Benjamin Netanyahu tried his best to thwart the negotiations by launching an offensive in Rafah.

On the other hand, Israel says that its effort is to keep civilian casualties to a minimum.

Apart from this, after Turkey, Egypt has also announced to be a party against Israel in the case of genocide of Palestinians in Gaza against Israel in the Hague-based International Court of Justice.

Karachi: The bullish trend in the Pakistan Stock Exchange (PSX) continues even today (Monday).

A positive trend is being seen in the Pakistan Stock Exchange today, with the benchmark SE-100 index increasing by 450 points to reach the 73,000 mark during early trading.

It is pertinent to mention that on the last day of the business week, the KSE-100 index closed at 73,085 points after an increase of 427 points or 0.59 percent, which closed at 72,658 yesterday.

Notably, on April 29, the 100-index of the PSX reached an all-time high of 73,000 points, after which the index fell to 70,657 on May 2 after a gradual decline over the next few days.

Earlier on April 26, the Pakistan Stock Exchange witnessed a strong rally and the benchmark KSE-100 index closed at a record high of 72,742 points after gaining 771 points.

Lahore: The government of Pakistan is likely to reduce the prices of petroleum products for the second time in 15 days, reportedly.

According to media reports, the price of petrol is expected to decrease by Rs12.84 per litre.

It is also reported that the global price of petrol fell by 7.26 dollars per barrel, settling at 98.99 dollars per barrel.

Similarly, there is also a possibility of reduction in the price of diesel by Rs8.30 per litre. At the global level, the price of the product has declined by 4.68 dollars to be sold at the rate of 99.37 dollars per barrel.

The new prices of petroleum products will be applicable from May 16, 2024 after the approval of the Prime Minister.

It is pertinent to note that at present the price of petrol is Rs288.49 per litre and diesel is being sold at Rs281.96 per litre.

The government is also charging Rs60 per litre as petroleum levy on petrol and diesel while dealers are getting a margin of Rs8.64 per litre on both products.