Trends - Dubai index - Business Recorder

Dubai index

UAE markets gain on rate cut bets

DUBAI: UAE stock markets closed higher on the last trading day of 2023, with the Dubai index rising for a third year...

Published 30 Dec, 2023 06:28am

Markets

Most Gulf markets end lower ahead of Eid break

DUBAI: Stock markets in the Gulf ended lower in thin trade on Tuesday, as long-term equity investors stayed on the...

Published 19 Apr, 2023 06:36am

Markets

Saudi, Egypt fall as markets reopen after weekend; Qatar edges up

Saudi Arabia’s stock market fell for a second consecutive session on Sunday, under pressure from lower banking and...

Published 22 May, 2022 07:52pm

Markets

Major Gulf bourses end mixed; Egypt gains

DUBAI: Saudi Arabia’s stock market ended lower on Tuesday as the bourse saw further price correction after hitting...

Published 27 Apr, 2022 05:19am

Markets

Gulf bourses mixed, Saudi Arabia and Egypt gain

Dubai and Abu Dhabi markets ended lower on Monday, while Saudi Arabia and Egypt edged up, and crude prices slipped...

Published 18 Apr, 2022 08:16pm

Markets

Gulf markets end mixed, Saudi slips after 7-day rally

DUBAI: Dubai and Qatar indexes edged up on Wednesday, in tandem with global markets, as investors digested a mixed...

Published 14 Apr, 2022 04:55am

Markets

Major Gulf bourses end mixed in trade; Dubai index ends up 0.8pc

DUBAI: Stock markets in the Middle East ended mixed on Tuesday, with a retreat in oil prices weighing on ...

Published 09 Feb, 2022 05:46am

Markets

Most stock markets end higher; Dubai extends losses

DUBAI: Most stock markets in the Gulf ended higher on Tuesday amid strong fundamentals and rising oil prices, while...

Published 02 Feb, 2022 04:45am

Markets

Geopolitical tensions hit UAE stocks, oil supports Saudi shares

Stocks in the United Arab Emirates(UAE) dropped on Monday following four days of consecutive gains after another...

Published 31 Jan, 2022 07:09pm

Markets

Dubai sees biggest fall in over a month after Houthi attack intercepted

DUBAI: Most stock markets in the Gulf ended lower on Monday, in line with global shares, while the Dubai index saw...

Published 25 Jan, 2022 05:03am

Markets

UAE markets drop after Fed officials signal March rate hike

Stock markets in the United Arab Emirates ended in the red on Friday, mirroring weakness in Asian peers, as more Fed...

Published 14 Jan, 2022 05:23pm

Markets

Major Gulf bourses rise, in line with global shares

Major stock markets ended higher on Thursday in line with global shares, after the US Federal Reserve said it would...

Published 16 Dec, 2021 06:46pm

Markets

Most Gulf shares rise

DUBAI: Most stock markets in the Gulf ended higher on Tuesday, as worries about the impact of the Omicron ...

Published 08 Dec, 2021 06:22am

Markets

Saudi stocks bounce back, major Gulf markets end mixed

DUBAI: Saudi Arabian shares closed higher on Tuesday, snapping three straight sessions of losses, while major Gulf...

Published 24 Nov, 2021 05:18am

Markets

Saudi stocks bounce back, major Gulf markets end mixed

Saudi Arabian shares closed higher on Tuesday, snapping three straight sessions of losses, while major Gulf stock...

Published 23 Nov, 2021 06:14pm

Markets

Major Gulf bourses in red; Aramco hit $2 trillion valuation

Saudi Arabia's benchmark index fell 0.3%, with petrochemical maker Saudi Basic Industries Corp and Al Rajhi Bank losing 1.2% and 0.3%, respectively

Updated 27 Oct, 2021 06:39pm

Markets

Saudi leads major Gulf markets higher; Dubai falls

Saudi Arabia's stock market rose in early trade on Wednesday to its highest in nearly 14 years amid rising oil...

Published 06 Oct, 2021 01:48pm

Markets

Most Gulf bourses gain on corporate earnings boost

Saudi Arabia's benchmark index rose 0.2%, helped by a 0.4% gain in Al Rajhi Bank and a 0.6% increase in oil behemoth Saudi Aramco.

Published 28 Jul, 2021 07:56pm

Markets

Dubai drags major Gulf markets lower

Dubai's main share index fell 0.7%, weighed down by a 1.1% drop in Emirates NBD Bank and a 1% decline in sharia-compliant lender Dubai Islamic Bank.
"The Saudi announcement will likely negatively affect companies in the Emirates in the short-term," said Daniel Takieddine, market analyst at FXPrimus.

Published 06 Jul, 2021 07:13pm

Markets

Dubai index up; major Gulf bourses ease

DUBAI: Dubai’s stock market ended higher on Wednesday, buoyed by gains in real estate stocks, while other major...

Published 24 Jun, 2021 03:36am

Markets

Dubai says $500mn bond repayment reflects fiscal stability

The Government of Dubai's ability to fulfil its financial obligations reflects its deep fiscal stability amidst the circumstances imposed by the current global crisis.
The $500 million notes, which were issued in 2011, have been redeemed in full, said the government.

Published 22 Jun, 2021 07:20pm

Markets

Major Gulf markets mixed, Egypt snaps losing streak

• Saudi ends 8-session winning streak • Property stocks weigh on Dubai DUBAI: Major stock markets in the Gulf...

Published 07 Jun, 2021 03:34am

Markets

Saudi, UAE markets extend weekly gaining streak

DUBAI: Stocks in the United Arab Emirates and Saudi Arabia extended their weekly gaining streak, boosted by rising...

Published 04 Jun, 2021 05:06am

Markets

Saudi, UAE markets extend weekly gaining streak

Dubai, Abu Dhabi post fifth weekly gain.
Saudi Arabia marks fourth weekly rise.
Egypt's non-oil sector contracts.

Published 03 Jun, 2021 07:25pm

Markets

Major Gulf markets up; Egypt index falls

DUBAI: Major Gulf stock markets ended higher on Wednesday, with Saudi Arabia extending gains into a seventh session...

Published 03 Jun, 2021 04:13am

Markets

Most Gulf markets track oil prices higher; Egypt falls

Almarai rises after acquisition deal.
Qatar up for third straight session.
Saudi Arabia's benchmark stock index rose 0.6%, helped mostly by the financials and material sectors.

Published 02 Jun, 2021 08:23pm

Markets

Top Gulf bourses little changed, Dubai index rises

DUBAI: Major stock markets in the Gulf were little changed in early trade on Sunday, with expectations of economic...

Published 31 May, 2021 03:12am

Markets

Major Gulf markets gain as financials rise; Qatar falls

Saudi Arabia's benchmark index added 0.7%, with Al Rajhi Bank rising 1.9%.
In Dubai, the main share index gained 0.3%, helped by a 2% rise in its top lender Emirates NBD.

Published 17 May, 2021 06:46pm

Markets

Abu Dhabi outperforms as most Gulf markets gain

DUBAI: The Abu Dhabi stock market ended higher on Sunday, outperforming other Gulf markets, while the Dubai index ...

Published 10 May, 2021 04:54am

Markets

Property, banking stocks boost Dubai; Saudi index falls

DUBAI: Most major stock markets in the Gulf closed higher on Monday, with the Dubai index outperforming the region ...

Published 04 May, 2021 04:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.37
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 14	5246.68
India Sensex / May 14	73104.61
Tokyo Nikkei / May 14	38552.29
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
FTSE 100 / May 14	8428.13
Dow Jones / May 14	39558.11
Germany DAX 30 / May 14	18716.42

Item	Value
Crude Oil USD/Barrel / May 14	78.51
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2357
Cotton US¢/pound / May 14	73.78
Petrol/Litre / May 15	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 15 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 15 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 15 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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