Trends - First Abu Dhabi Bank - Business Recorder

First Abu Dhabi Bank

Dubai leads most Gulf markets higher

Stock markets in the Gulf were up on Wednesday in early trade amid rising oil prices and robust corporate earnings,...

Published 24 Jan, 2024 03:05pm

Markets

UAE shares edge up on steady oil, Israel and Hamas truce

Stock markets in the United Arab Emirates rebounded from previous losses to close slightly up on Friday, supported...

Published 24 Nov, 2023 05:23pm

Markets

Gulf markets drop on falling oil prices

DYBAI: Major stock markets in the Gulf closed lower on Wednesday amid falling oil prices, as investors remained...

Published 23 Nov, 2023 03:19am

Markets

First Abu Dhabi Bank to raise at least $750mn in dollar bonds

The United Arab Emirates’ largest lender, First Abu Dhabi Bank, is set to raise at least $750 million in Tier-2...

Published 26 Sep, 2023 04:47pm

Markets

Most Gulf markets gain on oil, corporate earnings

Most major stock markets in the Gulf rose in early trade on Tuesday in response to higher oil prices and strong...

Published 25 Jul, 2023 01:50pm

Markets

Abu Dhabi stocks close lower as lender FAB drags

Abu Dhabi’s benchmark stock index closed lower on Friday, dragged down by First Abu Dhabi Bank after the United Arab...

Published 06 Jan, 2023 06:25pm

Business & Finance

First Abu Dhabi Bank says it had considered offer for StanChart

DUBAI/LONDON: First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, said on Thursday it had...

Published 06 Jan, 2023 05:58am

Markets

Major Gulf markets track Asian shares, oil prices lower

Major stock markets in the Gulf fell on Monday, with the Qatari index leading the drop, as investors tracked...

Published 28 Nov, 2022 02:02pm

Markets

Dubai bourse falls to extend weekly losses, Abu Dhabi dips

Stock markets in the United Arab Emirates ended lower on Friday, with the Dubai index posting its second weekly loss...

Published 25 Nov, 2022 07:41pm

World

Dubai Islamic Bank sells $750mn in debut sustainable sukuk

DUBAI: Dubai Islamic Bank sold $750 million of its debut sustainable Islamic bond on Tuesday, a bank document...

Published 22 Nov, 2022 06:43pm

Markets

Most major Gulf bourses slip on falling oil, weak earnings

Most major stock markets in the Gulf fell in early trade on Wednesday amid lower oil prices and disappointing...

Published 26 Oct, 2022 02:35pm

Markets

UAE’s top bank FAB third-quarter profit down 24%

DUBAI: First Abu Dhabi Bank (FAB) , the United Arab Emirates’ biggest lender, said on Wednesday its third quarter...

Published 26 Oct, 2022 11:17am

Markets

Abu Dhabi index down

DUBAI: Major Gulf bourses fell on Thursday and Abu Dhabi’s share index slipped more than 1%, after First Abu Dhabi...

Published 15 Apr, 2022 05:29am

Markets

First Abu Dhabi Bank takes orders for $500 million sukuk

DUBAI: First Abu Dhabi Bank, the United Arab Emirates' largest lender, is expected to sell $500 million in Islamic...

Published 23 Feb, 2022 12:33pm

Markets

First Abu Dhabi bank in talks to buy EFG Hermes

DUBAI: First Abu Dhabi Bank, the UAE's biggest lender, is in talks to buy Egyptian bank EFG Hermes, which has a...

Published 09 Feb, 2022 01:25pm

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

Dubai Islamic Bank gives initial price guidance for dollar sukuk

DUBAI: Dubai Islamic Bank, the United Arab Emirates' largest Islamic lender, gave initial price guidance of around...

Published 08 Feb, 2022 11:17am

Business & Finance

UAE largest bank makes record profit in 2021

ABU DHABI: The UAE’s largest bank, First Abu Dhabi Bank, announced Thursday it scooped record annual net profit of...

Published 31 Jan, 2022 07:10am

Markets

Abu Dhabi leads most Gulf markets higher

DUBAI: Most stock markets in the Gulf ended higher on Wednesday, supported by strong oil prices, with the Abu Dhabi...

Published 20 Jan, 2022 04:21am

Markets

Abu Dhabi bourse shrugs off attack, Saudi at 15-year high

DUBAI: Abu Dhabi’s stock market rebounded on Tuesday, a day after the emirate witnessed a deadly attack, while the...

Published 19 Jan, 2022 06:15am

Markets

Most Gulf bourses at record high; Abu Dhabi outperforms

DUBAI: Most stock markets in the Gulf ended higher on Monday, with the Abu Dhabi index hitting an all-time high,...

Published 09 Nov, 2021 04:48am

Business & Finance

UAE to start marketing first federal dollar bond this week

DUBAI: The United Arab Emirates government is expected to begin marketing its first bond as a federation as soon as...

Published 04 Oct, 2021 05:56am

Markets

Major Gulf bourses mixed in early trade

Major stock markets in the Gulf traded mixed early on Sunday, with the Saudi index on course to end five sessions of...

Published 03 Oct, 2021 02:14pm

Markets

Abu Dhabi leads major Gulf bourses higher; Egypt falls

DUBAI: Major stock markets in the Gulf reversed early losses to close higher on Thursday, with the Abu Dhabi index...

Published 17 Sep, 2021 03:52am

Business & Finance

Abu Dhabi expected to raise $3bn via bonds

DUBAI: Abu Dhabi is expected to raise $3 billion in a bond sale on Wednesday, its second of the year for which it...

Published 09 Sep, 2021 03:56am

Business & Finance

Dubai developer Limitless set to agree third debt restructuring deal

DUBAI: Dubai state-owned property developer Limitless is set to reach an agreement with creditors over some $760...

Published 30 Aug, 2021 06:33am

Markets

Most Gulf bourses gain, Saudi Aramco's Q2 profit soars

Dubai's main share index dropped 0.3%, hit by a 0.4% fall in Emirates NBD Bank and a 0.2% decrease in Sharia-compliant lender Dubai Islamic Bank

Published 08 Aug, 2021 01:50pm

Markets

UAE's top banks post strong Q2 net profit amid recovery from pandemic

FAB's net impairment charges fell 36% to 677 million dirhams while Emirates NBD's almost halved to 851 million dirhams

Published 28 Jul, 2021 11:49am

Markets

Dubai's Emaar expected to raise $500 million via Islamic bonds

The issuance size will not be greater than $500 million, the document said.

Published 29 Jun, 2021 10:36am

Markets

Abu Dhabi sets initial price guidance for 7-year dollar bonds

Citi, First Abu Dhabi Bank, HSBC, JPMorgan and Standard Chartered are joint lead managers and joint bookrunners

Published 25 May, 2021 12:22pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	2278.33
USD PKR Interbank Buying / May 24	278.13
USD to Japanese Yen / May 24	156.99
USD to Swiss Franc / May 24	0.91
Pound Sterling to USD / May 24	1.27
Euro to USD / May 24	1.08

Stock	Volume
S&P 500 / May 24	5304.72
India Sensex / May 24	74410.39
Tokyo Nikkei / May 24	38646.11
Nasdaq / May 24	16920.80
Hang Seng / May 24	18608.94
FTSE 100 / May 24	8317.59
Dow Jones / May 24	39069.59
Germany DAX 30 / May 24	18693.37

Item	Value
Crude Oil USD/Barrel / May 24	77.72
Karachi Cotton PKR/37.32 KG / May 24	19935
Gold 10 Grams PKR / May 24	205933
Gold Spot USD/Ounce / May 24	2333.83
Cotton US¢/pound / May 24	80.52
Petrol/Litre / May 27	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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