Pakistan's KSE-100 index fell 2% to 170,456.60.

Market sources said a US rare-earth company plans to expand its manufacturing investment in France for metals, alloys and magnetic materials.

Shanghai municipal government issued a Service Industry "15th Five-Year" plan prioritizing transport and shipping hub upgrades and policy support for shipping services. Key measures: complete Shanghai East Station and develop "aviation+" multimodal links; enhance Pudong and Hongqiao business-route networks; expand international container and air-freight platforms and smart-waterway infrastructure; accelerate shipping digitalisation and logistics-chain applications. The plan seeks to bolster Shanghai's shipping-insurance operations centre, support shipping finance leasing, develop foreign-related maritime temporary arbitration and a specialised maritime appraisal centre, and attract international and national shipping organisations. It also fast-tracks a green-shipping transition by building international green-fuel bunkering and trading centres, advancing ship energy-efficiency services and green shipping R&D, participating in China’s international sustainable-fuel certification framework, and co-developing green shipping corridors with foreign ports.