Middle East Africa Fixed Income

Financial

Abu Dhabi sells $3bn in bonds with April re-opening

Oil-rich Abu Dhabi issued in April $7 billion in bonds due in 2025, 2030 and 2050, just after a jumbo $10 billion b

Published 19 May, 2020 04:42pm

Financial

Orders for Qatar dollar bonds issue top $25bn

Qatar kept for the time being its initial price guidance unchanged at around 335 basis points over US Treasuries fo

Published 07 Apr, 2020 11:07am

Financial

Turkish lira slides as manufacturing, trade begin to buckle

It dropped to 48.1 from 52.4 a month earlier on softer output and new orders, while firms scaled back purchasing ac

Published 01 Apr, 2020 02:11pm

Financial

UAE's ADNOC eyes bond issue amid low interest rates

The UAE, the third-largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC) behind Saud

Published 02 Oct, 2019 11:59am

Financial

South Africa's 3-month T-bill average yield rises to 7.14pc

JOHANNESBURG: South Africa sold 3.167 billion rand ($215.77 million) of three-month Treasury bills, more than the 2.4 bi

Published 02 Aug, 2019 11:39am

Financial

Israel sells $138mn in private bond sale to Japanese investor

JERUSALEM: Israel raised 15 billion yen ($138 million) in a private placement of bonds to a large Japanese institutional

Published 29 Jul, 2019 12:57pm

Financial

South Africa, Eskom dollar bonds hit by Moody's, Fitch warnings

LONDON: South Africa's government dollar bonds dropped to their lowest in more than a month on Friday and power util

Published 26 Jul, 2019 08:15pm

Financial

South Africa's 3-month T-bill average yield edges up to 7.11%

JOHANNESBURG: South Africa sold 3.514 billion rand ($247 million) of three-month Treasury bills, more than the 2.4 bill

Published 26 Jul, 2019 04:16pm

Financial

Saudi Arabia sells 5.2bn riyals in sukuk monthly issuance

RIYADH: Saudi Arabia sold 5.2 billion riyals ($1.4 billion) in sukuk, or Islamic bonds, in its local monthly issue f

Published 22 Jul, 2019 09:13pm

Financial

Dubai-based GEMS hires banks for $800mn dual-currency bond

DUBAI: Dubai-based GEMS Education has hired banks to arrange investor meetings ahead of a potential issuance of inte

Published 17 Jul, 2019 01:49pm

Financial

Zambia dollar bonds soar after president swaps finance minister

LONDON: Zambia's dollar-denominated government bonds jumped on Monday after the country's president sacked Finance M

Published 15 Jul, 2019 01:50pm

Financial

Tunisia sells 700mn euro seven-year bond

TUNIS: Tunisia has sold a seven-year euro-denominated bond worth 700 million euros at an interest rate of 6.37 percent,

Published 10 Jul, 2019 07:09pm

Financial

Saudi Arabia's Savola Group issues 1bn riyals sukuk

DUBAI: Savola Group, Saudi Arabia's largest food products company, has raised 1 billion riyals ($267 million) in suk

Published 09 Jul, 2019 12:26pm

Financial

South Africa's Eskom dollar bonds rally as govt weighs extra support options

LONDON: Dollar-denominated bonds issued by South Africa's Eskom gained on Thursday after a senior treasury official

Published 04 Jul, 2019 12:34pm

Financial

Saudi Arabia says raised 3bn euro in bonds

DUBAI: Saudi Arabia's Ministry of Finance said on Wednesday it sold 3 billion euro in bonds split into a 1 billion e

Published 03 Jul, 2019 03:13pm

Financial

Saudi Arabia raises 3 billion with debut euro bond

DUBAI: Saudi Arabia has raised 3 billion euros from over 14.5 billion worth of orders for it first bond denominated in e

Published 03 Jul, 2019 09:10am

Financial

Saudi Arabia widens funding base with dual-tranche debut euro bond

DUBAI: Saudi Arabia has hired a group of banks including Goldman Sachs and Societe Generale to arrange a global inve

Published 01 Jul, 2019 02:15pm

Financial

Egypt aims to tap debt markets for up to $7bn in new financial year

LONDON: Egypt will tap debt markets for between $4 billion and $7 billion in the coming financial year starting in J

Published 25 Jun, 2019 03:29pm

Financial

South African rand firms after dovish Fed, focus on Ramaphosa speech

JOHANNESBURG: South Africa's rand raced to a five-week high and government bonds firmed on Thursday after the U.S. Feder

Published 20 Jun, 2019 09:28am

Financial

Egypt plans bond denominated either in yuan or yen or South Korean won

Egypt plans to issue an international bond in either the Chinese, Japanese or South Korean currency in the coming fiscal

Published 18 Jun, 2019 04:09pm

Financial

Nigeria has no plans to go to eurobond market this year

LAGOS: Nigeria has no plans to return to the eurobond market this year, after a sixth outing in November raised $2.86 bi

Published 18 Jun, 2019 02:36pm

Financial

Turkey's Treasury taps 2-yr benchmark bond at 25.31pc yield

ISTANBUL: Turkey's Treasury said on Tuesday it tapped its two-year benchmark bond at a yield of 25.31pc, selling a net 1

Published 14 May, 2019 09:29pm

Financial

Nigerian bonds rally on central bank governor's nomination, stocks falter

ABUJA: Nigerian bonds rallied on Friday and the naira firmed but shares fell on expectations that tight monetary policy

Published 10 May, 2019 07:37pm

Financial

Nigeria bonds, naira rally after central bank governor gets second term nomination

ABUJA: Nigerian bonds rallied and the naira currency firmed on Friday after central bank governor Godwin Emefiele wa

Published 10 May, 2019 11:40am

Financial

UAE's Majid Al Futtaim to raise up to $650mn in green sukuk

DUBAI: Majid Al Futtaim, a UAE-based developer and shopping mall operator, is set to raise between $500 million and

Published 07 May, 2019 11:59am

Financial

Saudi Arabia drops to near-8 month low, major Gulf markets slide

Saudi Arabia's stock market fell sharply to hit a near eight month low on Monday, as oil prices weighed on its finan

Published 06 May, 2019 03:50pm

Financial

Egypt to auction $1bn in one-year dollar T-bills

CAIRO: Egypt will auction $1 billion worth of one-year dollar-denominated treasury bills on Monday, the central bank

Published 02 May, 2019 03:55pm

Financial

Oman readies US dollar bond sale

DUBAI: Oman is preparing a sale of US dollar-denominated bonds, two sources familiar with the matter said, as the su

Published 30 Apr, 2019 02:52pm

Financial

Saudi wealth fund ‘not in a hurry’ to issue bonds, considers funding options

RIYADH: Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) is "not in a hurry" to issue bonds but is

Published 25 Apr, 2019 01:40pm

Financial

Kenya ready to issue new Eurobond to refinance maturing bond

NAIROBI: Kenya is ready to issue a new Eurobond and also plans to refinance a maturing 5-year dollar bond, Finance M

Published 25 Apr, 2019 01:19pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Mar 31 Kohinoor Power Company Limited(KOHP)	4.38 ▲ 0.63 (16.80%)
PICIC Ins.Ltd. / Mar 31 PICIC Insurance Limited(PIL)	0.69 ▲ 0.08 (13.11%)
Supernet Ltd. / Mar 31 Supernet Limited(GEMSPNL)	11.90 ▲ 1.00 (9.17%)
Asim Textile / Mar 31 Asim Textile Mills Limited(ASTM)	6.48 ▲ 0.53 (8.91%)
Bata (Pak) / Mar 31 Bata Pakistan Limited(BATA)	2084.87 ▲ 145.45 (7.50%)
Khyber Tex. / Mar 31 Khyber Textile Mills Limited(KHYT)	427.22 ▲ 29.80 (7.50%)
Pak Engineering / Mar 31 Pakistan Engineering Company Limited(PECO)	325.40 ▲ 22.70 (7.50%)
Janana D Mal / Mar 31 Janana De Malucho Textile Mills Limited(JDMT)	44.42 ▲ 3.09 (7.48%)
Sindh Abadgar / Mar 31 Sindh Abadgar's Sugar Mills Limited(SASML)	14.50 ▲ 1.00 (7.41%)
Popular Islamic / Mar 31 Popular Islamic Modaraba(PIM)	8.75 ▲ 0.60 (7.36%)

Stock	Price
Pak Gulf Leasing / Mar 31 Pak-Gulf Leasing Company Limited(PGLC)	5.31 ▼ -0.89 (-14.35%)
Samba Bank / Mar 31 Samba Bank Limited(SBL)	6.75 ▼ -0.85 (-11.18%)
Pak Gen.Ins. / Mar 31 The Pakistan General Insurance Co. Ltd.(PKGI)	3.96 ▼ -0.49 (-11.01%)
Equity Modaraba / Mar 31 First Equity Modaraba(FEM)	6.10 ▼ -0.50 (-7.58%)
AL-Ghazi Tractors / Mar 31 Al-Ghazi Tractors Limited(AGTL)	270.73 ▼ -21.95 (-7.50%)
Philip Morris Pak. / Mar 31 Philip Morris (Pakistan) Limited(PMPK)	426.43 ▼ -34.57 (-7.50%)
Tri-Pack Films / Mar 31 Tri-Pack Films Limited(TRIPF)	126 ▼ -10.14 (-7.45%)
Khairpur / Mar 31 Khairpur Sugar Mills Limited(KPUS)	67.26 ▼ -5.41 (-7.44%)
Dawood Lawrencepur / Mar 31 Dawood Lawrencepur Limited(DLL)	210 ▼ -15.90 (-7.04%)
Bunnys Limited / Mar 31 Bunnys Limited(BNL)	15.81 ▼ -1.19 (-7.00%)

Stock	Volume
Pak Int.Bulk / Mar 31 Pakistan International Bulk Terminal(PIBTL)	12,120,000 ▲ 0.26
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,523,000 ▲ 0.36
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▼ -0.18
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -4.49
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.00
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	4,863,500 ▲ 0.20
Pakgen Power / Mar 31 Pakgen Power Limited(PKGP)	4,421,500 ▲ 1.50
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	4,361,174 ▲ 0.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▲ 0.07
Waves Corporation / Mar 31 Waves Corporation Limited(WAVES)	3,477,000 ▲ 0.45

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 31	283.85
USD PKR Interbank Buying / Mar 31	283.65
USD to Japanese Yen / Mar 31	132.82
USD to Swiss Franc / Mar 31	0.91
Pound Sterling to USD / Mar 31	1.24
Euro to USD / Mar 31	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
S&P 500 / Mar 31	4082.17
India Sensex / Mar 31	58991.52
Tokyo Nikkei / Mar 31	28047.34
Nasdaq / Mar 31	12133.90
Hang Seng / Mar 31	20427.56
FTSE 100 / Mar 31	7638.94
Dow Jones / Mar 31	33079.75
Germany DAX 30 / Mar 31	15641.10
France CAC40 / Mar 31	7330.27

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Crude Oil USD/Barrel / Mar 31	75.20
Gold 10 Grams PKR / Mar 31	178927
Gold Spot USD/Ounce / Mar 31	1979.46
Cotton US¢/pound / Mar 31	83.26

Middle East Africa Fixed Income

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