Adani Ports stock drops on Haifa port worries over Israel conflict
Monday, 9 October 2023 Shares of Adani Ports And Economic Zone, owned by billionaire Gautam Adani, fell by 4.5% due to investor concerns over the conflict in Israel, where the company owns a major port. The Haifa port, which is owned by Adani Ports, contributes only 3% to the company's total cargo volume. Adani Ports also operates the Haifa Port in northern Israel, which is a significant trading hub in the Mediterranean.
As the Israel and Palestine conflict intensifies, North Korea has now weighed in on the matter. According to reports, North Korean official media criticised Israel for the killing in Gaza on Tuesday. This is the first time North Korea expressed its opinions regarding the military hostilities between...
FBI Director Urges Vigilance , While Warning of Increased , Risk of Terrorism.
On October 31, FBI Director Christopher Wray
warned of an increased threat against the
United States amid Israel's war..
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In the ongoing Israel-Hamas conflict, Prime Minister Benjamin Netanyahu declared on Saturday that Israeli forces have entered the second phase of the war in Gaza. Ground operations against Hamas..
Adani Ports & SEZ stock initially dropped 5.5% but later closed down 4.9% due to a knee-jerk reaction to West Asia news. The company reassured that its... IndiaTimes