ANL 14.40 Decreased By ▼ -0.35 (-2.37%)
ASC 13.89 Decreased By ▼ -0.11 (-0.79%)
ASL 15.05 Decreased By ▼ -0.05 (-0.33%)
BOP 8.49 Decreased By ▼ -0.11 (-1.28%)
BYCO 6.62 Decreased By ▼ -0.07 (-1.05%)
FCCL 18.90 Increased By ▲ 0.10 (0.53%)
FFBL 26.74 Increased By ▲ 0.24 (0.91%)
FFL 11.24 Increased By ▲ 0.05 (0.45%)
FNEL 10.70 Decreased By ▼ -0.19 (-1.74%)
GGGL 15.93 Increased By ▲ 0.23 (1.46%)
GGL 31.80 Decreased By ▼ -0.31 (-0.97%)
HUMNL 6.26 Decreased By ▼ -0.09 (-1.42%)
JSCL 16.97 Decreased By ▼ -0.29 (-1.68%)
KAPCO 33.30 Increased By ▲ 0.05 (0.15%)
KEL 3.29 Increased By ▲ 0.06 (1.86%)
MDTL 2.30 Increased By ▲ 0.03 (1.32%)
MLCF 37.30 Increased By ▲ 0.85 (2.33%)
NETSOL 103.49 Increased By ▲ 1.33 (1.3%)
PACE 4.82 Increased By ▲ 0.42 (9.55%)
PAEL 23.21 Decreased By ▼ -0.34 (-1.44%)
PIBTL 7.89 Increased By ▲ 0.19 (2.47%)
POWER 7.03 Increased By ▲ 0.27 (3.99%)
PRL 13.75 Decreased By ▼ -0.18 (-1.29%)
PTC 8.92 Decreased By ▼ -0.15 (-1.65%)
SILK 1.30 Decreased By ▼ -0.05 (-3.7%)
SNGP 41.80 No Change ▼ 0.00 (0%)
TELE 17.10 Increased By ▲ 0.17 (1%)
TRG 88.71 Decreased By ▼ -1.80 (-1.99%)
UNITY 25.42 Increased By ▲ 0.12 (0.47%)
WTL 2.16 Increased By ▲ 0.01 (0.47%)
BR100 4,667 Increased By ▲ 2.42 (0.05%)
BR30 18,910 Increased By ▲ 235.65 (1.26%)
KSE100 45,300 Increased By ▲ 227.95 (0.51%)
KSE30 17,538 Increased By ▲ 108.23 (0.62%)

Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,737
924hr
Pakistan Cases
1,285,254
41424hr
0.98% positivity
Sindh
475,820
Punjab
443,185
Balochistan
33,484
Islamabad
107,722
KPK
180,075

Major stock markets in the Gulf rose in early trade on Sunday amid strong oil prices, with the Saudi index outperforming the region as the country eased coronavirus curbs.

The kingdom is rolling back COVID-19 restrictions from Oct. 17 in response to a sharp drop in daily infections and a considerable development in vaccinations.

The authorities also cancelled curbs on fully vaccinated people at closed venues, restaurants and cinemas, and on transportation.

Saudi Arabia's benchmark index gained 0.5%, with Al Rajhi Bank rising 0.5%, while Jabal Omar Development , one of Saudi Arabia's largest-listed property developers, advanced 2.7%.

Saudi non-oil exports were up 37% to 125.3 billion riyals ($33.4 million) in the first half of 2021, state news agency SPA reported on Friday.

Oil prices settled at a three-year high above $85 a barrel on Friday, boosted by forecasts of a supply deficit in the next few months as the easing of coronavirus-related travel restrictions spurs demand.

In Abu Dhabi, the index added 0.3%, supported by a 2.3% rise in Abu Dhabi Commercial Bank and a 0.2% increase in the country's largest lender First Abu Dhabi Bank.

Conglomerate International Holding Co (IHC) plans to list subsidiary Multiply, a holding company that invests in tech-focused businesses, on Abu Dhabi's main stock market this year, IHC's chief executive said.

Shares of IHC were flat.

Dubai's main share index rose 0.3%, with blue-chip developer Emaar Properties up 0.5% and its unit Emaar Malls climbing 2.1%.

UAE Energy Minister Suhail al-Mazrouei said the oil-rich Gulf is continuing to invest in the energy sector to meet growing demand and ensure stability in global markets.

The Qatari benchmark was up 0.3%, led by a 0.7% rise in Qatar National Bank and a 0.4% gain in Vodafone Qatar as the telecom firm reported a strong nine-month profit.

We love hearing your feedback, please help us improve by answering these few survey questions

Comments

Comments are closed.