The Bab-el-Mandeb Strait, a crucial shipping route connecting the Red Sea and the Mediterranean Sea to the Indian Ocean, is vital for 30 per cent of global container traffic. It has seen increased tensions with various incidents in 2023, including attacks and military manoeuvres by regional and global powers.
Concurrent Gainers: 9 smallcap stocks gain for 5 days in a row
We identified 12 stocks that gained on all five days, delivering cumulative returns ranging from 10% to 30% during the period.