ANL 12.62 Increased By ▲ 0.32 (2.6%)
ASC 14.65 Increased By ▲ 0.55 (3.9%)
ASL 15.60 Increased By ▲ 0.56 (3.72%)
AVN 104.25 Increased By ▲ 4.00 (3.99%)
BOP 8.42 Decreased By ▼ -0.01 (-0.12%)
CNERGY 6.47 Increased By ▲ 0.07 (1.09%)
FFL 9.17 Increased By ▲ 0.10 (1.1%)
FNEL 8.95 Increased By ▲ 0.28 (3.23%)
GGGL 13.40 Increased By ▲ 0.22 (1.67%)
GGL 20.88 Increased By ▲ 0.98 (4.92%)
GTECH 9.70 Increased By ▲ 0.30 (3.19%)
HUMNL 6.60 No Change ▼ 0.00 (0%)
KEL 3.16 Increased By ▲ 0.06 (1.94%)
KOSM 4.34 Increased By ▲ 0.29 (7.16%)
MLCF 33.65 Increased By ▲ 0.17 (0.51%)
PACE 4.20 Increased By ▲ 0.14 (3.45%)
PIBTL 7.24 Increased By ▲ 0.07 (0.98%)
PRL 14.34 Increased By ▲ 0.23 (1.63%)
PTC 8.68 Decreased By ▼ -0.01 (-0.12%)
SILK 1.34 Increased By ▲ 0.01 (0.75%)
SNGP 33.80 Increased By ▲ 0.20 (0.6%)
TELE 17.88 Increased By ▲ 0.63 (3.65%)
TPL 13.50 Increased By ▲ 0.48 (3.69%)
TPLP 28.02 Increased By ▲ 2.46 (9.62%)
TREET 39.69 Increased By ▲ 0.99 (2.56%)
TRG 83.30 Increased By ▲ 1.56 (1.91%)
UNITY 27.85 Increased By ▲ 0.54 (1.98%)
WAVES 15.05 Increased By ▲ 0.35 (2.38%)
WTL 2.22 Increased By ▲ 0.08 (3.74%)
YOUW 8.09 Increased By ▲ 0.55 (7.29%)
BR100 4,597 Increased By 11.2 (0.24%)
BR30 17,781 Increased By 212.3 (1.21%)
KSE100 45,018 Increased By 192.3 (0.43%)
KSE30 17,748 Increased By 81.8 (0.46%)

coronavirus
Coronavirus
VERY HIGH
Source: covid.gov.pk
Pakistan Deaths
29,077
1224hr
Pakistan Cases
1,360,019
6,54024hr
Sindh
520,415
Punjab
460,335
Balochistan
33,855
Islamabad
115,939
KPK
183,865

DUBAI: Major Gulf stock markets ended higher on Wednesday, with Saudi Arabia extending gains into a seventh session amid rising oil prices, while financials dragged down the Egyptian index.

Saudi Arabia’s benchmark stock index rose 0.6%, helped mostly by the financials and material sectors.

Saudi National Bank climbed 1.9% and Saudi Basic Industries gained 1%.

Almarai jumped 3.1% after the consumer food and beverage company signed an agreement to acquire Binghatti Beverage’s production facility in the United Arab Emirates for 215 million dirhams ($58.54 million).

Trading in the Tadawul securities market was suspended for less than an hour due to a technical glitch. With a market capitalisation of nearly $2.6 trillion, Tadawul is the Arab world’s largest stock exchange.

The Qatari index was up 0.3%, heading for a third straight session of gains. Qatar National Bank and Qatar International Islamic Bank advanced 1.4% and 0.9%, respectively.

Abu Dhabi’s index closed up 0.2%, with First Abu Dhabi Bank gaining 0.5% and International Holdings adding 0.4%.

The Dubai index climbed 1%, supported by a 0.8% gain in Dubai Islamic Bank and a 2.8% rise in Damac Properties.

Egypt’s blue-chip index dropped 1.1%, with Commercial International Bank (CIB) down 3.2%.

Egypt’s gross domestic product grew 1.9% between July 2020 and March 2021, compared with 5.4% growth in the same period a year earlier. The country’s financial year runs from July to June.

Comments

Comments are closed.