Trends - Gulf - Business Recorder

Gulf

Most Gulf markets in black despite regional conflict

Most stock markets in the Gulf ended higher on Monday amid rising oil prices, as investors anxiously waited to see...

Published 23 Jun, 2025 06:17pm

Markets

Most Gulf markets retreat as Israel, Iran strikes continue

Most stock markets in the Gulf closed lower on Thursday on the seventh day of the Israel-Iran conflict and as U.S....

Published 19 Jun, 2025 07:02pm

Markets

Most Gulf markets in red as Israel-Iran conflict escalates

Most stock markets in the Gulf ended lower on Wednesday with investors exercising restraint due to fighting between...

Published 18 Jun, 2025 07:42pm

Markets

Most Gulf markets in red over Israel-Iran conflict worries

Most stock markets in the Gulf ended lower on Tuesday with investors cautious due to fighting between Iran and...

Published 17 Jun, 2025 06:34pm

World

Iran asks Gulf states to mediate for ceasefire with Israel, sources say

DUBAI: Tehran has asked Qatar, Saudi Arabia and Oman to press US President Donald Trump to use his influence on...

Published 16 Jun, 2025 07:59pm

Markets

Gulf markets rebound amid Israel-Iran conflict

Stock markets in the Gulf ended higher on Monday, recovering some of their losses from previous sessions when they...

Published 16 Jun, 2025 06:55pm

World

Saudi Crown Prince MBS will not attend G7 Summit in Canada

DUBAI: Mohammed bin Salman, Saudi Arabia’s crown prince and de facto leader, will not attend next week’s Group of...

Published 12 Jun, 2025 01:19pm

Markets

Major Gulf markets retreat on geopolitics

Major stock markets in the Gulf fell in early trade on Thursday amid uncertainty following the U.S. decision to...

Published 12 Jun, 2025 12:54pm

Opinion

‘Gulf wealth, US power, and the ME reset’

This is apropos a letter to the Editor from this writer carried by the newspaper yesterday. The summit focused...

Updated 12 Jun, 2025 08:03am

Markets

Most Gulf markets gain as investors eye US-China talks

Most stock markets in the Gulf ended higher on Tuesday, tracking gains in global equities as investors looked for...

Published 10 Jun, 2025 06:31pm

Markets

Most Gulf markets rise, Dubai’s main index hits over 17-year high

Most Gulf share indexes ended higher on Wednesday, tracking steady oil prices as a hit to Canadian supply from...

Published 04 Jun, 2025 08:37pm

Markets

UAE seeks US trade deal to roll back Trump’s steel and aluminium tariffs

The United States and the United Arab Emirates have agreed to start negotiations for a potential bilateral trade...

Published 04 Jun, 2025 07:06pm

Markets

Gulf bourses in green as oil prices rise

Most stock markets in the Gulf were trading higher early on Tuesday as oil prices ticked up on concerns about...

Published 03 Jun, 2025 03:05pm

Markets

Most Gulf bourses trade lower as tariff tensions continue to weigh

Most stock markets in the Gulf were trading lower early on Monday as U.S.-China trade tensions continue to weigh on...

Published 02 Jun, 2025 02:38pm

World

Saudi firms to place orders for dozens of Airbus jets, sources say

NEW DELHI: Saudi Arabia is set to place orders for billions of dollars of Airbus jets as the kingdom balances...

Published 30 May, 2025 09:13pm

Markets

UAE markets fall but Dubai index ends May at multi-year high

Dubai’s main share index ended May at its highest level since July 2008, even as global trade uncertainty and...

Published 30 May, 2025 07:45pm

World

Saudi warned Iran to reach nuclear deal with Trump or risk Israeli strike

DUBAI: Saudi Arabia’s defence minister delivered a blunt message to Iranian officials in Tehran last month: take...

Published 30 May, 2025 02:00pm

Markets

Saudi Arabia index closes at lowest since early April

Saudi Arabia’s main stock index closed down on Tuesday, reaching its lowest level since April 7 as market sentiment...

Published 27 May, 2025 07:39pm

Markets

Dubai and Abu Dhabi indexes log sixth straight week of gains

Dubai’s main share index and Abu Dhabi’s benchmark index logged its sixth straight weekly gain, each closing the...

Published 23 May, 2025 05:43pm

Markets

Saudi Arabia’s stock index sees worst session in six weeks

Saudi Arabia’s benchmark stock index logged its worst session in six weeks, ending the day 1.2% lower, while most...

Published 21 May, 2025 09:28pm

World

UAE launches Arabic language AI model as Gulf race gathers pace

DUBAI: The United Arab Emirates launched a new Arabic language artificial intelligence (AI) model on Wednesday as...

Published 21 May, 2025 05:04pm

Markets

Dubai and Abu Dhabi end week in positive territory as Trump wraps Gulf tour

Dubai’s main share index rose to a record high on Friday, settling up 1.05%, as a slew of business deals between the...

Published 16 May, 2025 06:09pm

World

UAE and US agree on path for Abu Dhabi to buy most advanced AI chips, Trump says

DUBAI: President Donald Trump said on Friday the United Arab Emirates and the United States had agreed to create a...

Published 16 May, 2025 05:30pm

Markets

Gulf markets lacklustre as global stocks rally loses steam

Most Gulf stocks were unchanged early on Thursday, as oil prices slid and broader Asian stocks fell after enthusiasm...

Published 15 May, 2025 03:11pm

World

Trump says US close to a nuclear deal with Iran

DUBAI: US President Donald Trump said on Thursday that the United States was getting very close to securing a...

Updated 15 May, 2025 09:53pm

Markets

Most Gulf bourses settle flat, oil prices fall

Most Gulf stock markets were unchanged at close on Wednesday after oil prices fell as investors looked for data...

Published 14 May, 2025 07:37pm

World

Qatar signs $200bn deal to buy jets from Boeing during Trump visit

DOHA: Qatar signed a deal on Wednesday to purchase jets from U.S. manufacturer Boeing for Qatar Airways during...

Updated 14 May, 2025 09:07pm

Markets

Most Gulf Markets settle higher as investors weigh U.S.-China trade truce

Most stock markets in the Gulf settled higher on Tuesday, although gains were limited as investors paused to weigh...

Published 13 May, 2025 07:45pm

Markets

Most Gulf shares gain on US-China tariff deal; Egypt snaps losing streak

Gulf equities ended higher on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs...

Published 12 May, 2025 08:09pm

Markets

Most Gulf markets gain on oil ahead of Fed policy meet

Most stock markets in the Gulf ended higher on Tuesday helped by a rebound in oil prices while investors awaited the...

Published 06 May, 2025 06:30pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 23	283.90
USD PKR Interbank Buying / Jun 23	283.60
USD to Japanese Yen / Jun 23	147.27
USD to Swiss Franc / Jun 23	0.82
Pound Sterling to USD / Jun 23	1.34
Euro to USD / Jun 23	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
Nasdaq / Jun 20	19,447.41
Dow Jones / Jun 20	42,206.82
India Sensex / Jun 23	81,805.29
Tokyo Nikkei / Jun 23	38,354.09
Hang Seng / Jun 23	23,650.62
FTSE 100 / Jun 23	8,779.33
Germany DAX 30 / Jun 23	23,247.79
France CAC40 / Jun 23	7,558.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Petrol/Litre / Jun 23	258.43
Crude Oil USD/Barrel / Jun 23	74.78
Gold Spot USD/Ounce / Jun 23	3,353.56
Diesel/Litre / Jun 23	262.59
Cotton US¢/pound / Jun 23	66.65

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 23 Crescent Jute Products Limited(CJPL)	7.49 ▲ 1 (15.41%)
AN Textile Mills / Jun 23 AN Textile Mills Limited(ANTM)	25.70 ▲ 2.34 (10.02%)
Leather Up Ltd. / Jun 23 Leather Up Limited(LEUL)	42.90 ▲ 3.9 (10%)
Rupali polyester / Jun 23 Rupali Polyester Limited(RUPL)	27.07 ▲ 2.46 (10%)
Frontier Ceram / Jun 23 Frontier Ceramics Limited(FRCL)	36.30 ▲ 3.3 (10%)
Karam Ceramics / Jun 23 Karam Ceramics Limited(KCL)	66.80 ▲ 6.07 (10%)
Shams Textile / Jun 23 Shams Textile Mills Limited(STML)	34.67 ▲ 3.15 (9.99%)
First Elite Cap.Mod / Jun 23 First Elite Capital Modaraba(FECM)	36.88 ▲ 3.35 (9.99%)
Jubilee Spinning / Jun 23 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.35 ▲ 1.12 (9.97%)
Fazal Cloth / Jun 23 Fazal Cloth Mills Limited(FZCM)	205.54 ▲ 18.54 (9.91%)

Stock	Price
United BankXD / Jun 23 United Bank Limited(UBL)	261.81 ▼ -262.38 (-50.05%)
First Prudential Mod. / Jun 23 First Prudential Modaraba(PMI)	3.49 ▼ -0.61 (-14.88%)
First Fid. Leasing / Jun 23 First Fidelity Leasing Modaraba(FFLM)	2.31 ▼ -0.34 (-12.83%)
Invest Bank / Jun 23 Invest Capital Investment Bank Limited(ICIBL)	7.21 ▼ -0.98 (-11.97%)
Askari Life Assur. / Jun 23 Askari Life Assurance Company Limited(ALAC)	6.99 ▼ -0.95 (-11.96%)
Ghani Chemworld / Jun 23 Ghani Chemworld Limited(GCWL)	7.98 ▼ -1 (-11.14%)
Yousuf Weaving / Jun 23 Yousaf Weaving Mills Limited(YOUW)	4.22 ▼ -0.52 (-10.97%)
F.Credit & Inv / Jun 23 First Credit and Investment Bank Limited(FCIBL)	7.75 ▼ -0.88 (-10.2%)
LSE Financial Serv. / Jun 23 LSE Financial Services Limited(LSEFSL)	32.36 ▼ -3.6 (-10.01%)
Chashma / Jun 23 Chashma Sugar Mills Limited(CHAS)	57.60 ▼ -6.4 (-10%)

Stock	Volume
WorldCall Telecom / Jun 23 Worldcall Telecom Limited(WTL)	53,303,035 ▼ -0.1
Sui South Gas / Jun 23 Sui Southern Gas Company Limited(SSGC)	35,996,379 ▼ -4.2
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	24,022,793 ▼ -0.12
K-Electric Ltd. / Jun 23 K-Electric Limited(KEL)	23,740,292 ▼ -0.24
Kohinoor Spining / Jun 23 Kohinoor Spinning Mills Limited(KOSM)	22,523,059 ▼ -0.54
Fauji Cement / Jun 23 Fauji Cement Company Limited(FCCL)	16,264,731 ▼ -4.16
Cnergyico PK / Jun 23 Cnergyico PK Limited(CNERGY)	14,226,103 ▼ -0.48
Maple Leaf Cement / Jun 23 Maple Leaf Cement Factory Limited(MLCF)	14,036,410 ▼ -5.02
Dewan Cement / Jun 23 Dewan Cement Limited(DCL)	13,766,080 ▼ -1.36
B.O.Punjab / Jun 23 The Bank of Punjab(BOP)	13,746,025 ▼ -0.36

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