Trends - Gulf market - Business Recorder

Gulf market

Saudi bourse extends losses on profit taking; Qatar falls

Saudi Arabia’s stock market extended its losses on Wednesday as profit-taking continued after it hit nine-month high...

Published 02 Aug, 2023 07:04pm

Markets

Saudi market extends losses on profit-taking; Qatar advances

Saudi Arabian stocks extended losses on Tuesday as traders continued to book profits after the benchmark index hit a...

Published 01 Aug, 2023 07:49pm

Markets

Most Gulf markets fall following Fed rate hike; Qatar gains

Most stock markets in the Gulf ended lower on Thursday, as regional central banks increased key interest rates...

Published 27 Jul, 2023 07:33pm

Markets

Most Gulf markets gain on corporate earnings

Most stock markets in the Gulf ended higher on Wednesday largely on the back of corporate earnings, although the...

Published 26 Jul, 2023 07:39pm

Markets

Most Gulf markets rise on solid corporate earnings; Egypt slips

Most stock markets in the Gulf ended higher on Monday, largely on the back of corporate earnings, although traders’...

Published 24 Jul, 2023 07:30pm

Markets

Most Gulf markets gain as US inflation cools, Saudi index eases

Most major stock markets in the Gulf rose in early trade on Thursday after US inflation and economic data boosted...

Published 13 Jul, 2023 03:30pm

Markets

Most Gulf markets in black ahead of US inflation data; Egypt eases

Most stock markets in the Gulf ended higher on Wednesday, as traders awaited a crucial U.S. inflation reading to...

Published 12 Jul, 2023 07:24pm

Markets

Most Gulf markets track oil prices higher; Dubai at 8-year high

Most stock markets in the Gulf ended higher on Tuesday, tracking oil prices, with the Dubai index at its highest in...

Published 04 Jul, 2023 07:03pm

Markets

Dubai leads most Gulf markets higher; Qatar falls

Most stock markets in the Gulf ended higher on Monday amid rising oil prices, with the Dubai index outperforming the...

Published 03 Jul, 2023 07:38pm

Markets

Major Gulf bourses drop on falling oil prices

Major stock markets in the Gulf ended lower on Thursday as investors remained cautious amid falling oil prices and...

Published 22 Jun, 2023 08:31pm

Markets

Gulf bourses end mixed on China growth concerns

Gulf stock markets ended mixed on Tuesday as investors were cautious amid volatile oil prices and awaited more...

Published 20 Jun, 2023 07:42pm

Markets

Gulf stock markets end mixed amid China growth uncertainties

Stock markets in the Gulf ended mixed on Monday as investors remained cautious amid volatile oil prices and hopes...

Published 19 Jun, 2023 08:02pm

Markets

Dubai, Abu Dhabi bourses end higher on Fed rate cheer

Stock markets in the United Arab Emirates ended higher on Friday on expectations that the Federal Reserve was close...

Published 16 Jun, 2023 06:52pm

Markets

Most Gulf bourses fall as hawkish Fed hurts mood

Most stock markets in the Gulf ended lower on Thursday as hawkish signals on interest rate hikes by the U.S. Federal...

Published 15 Jun, 2023 07:01pm

Markets

Most Gulf markets gain ahead of Fed rate decision

Most stock markets in the Gulf ended higher on Wednesday as investors awaited the outcome of the U.S. Federal...

Published 14 Jun, 2023 08:21pm

Markets

Qatar, Dubai bourses rise on Fed rate pause optimism; Saudi retreats

Stock markets in Dubai and Qatar ended higher on Tuesday ahead of a widely expected interest rate pause by the U.S....

Published 13 Jun, 2023 07:38pm

Markets

Most Gulf bourses end higher on hopes of a Fed rate pause

Most stock markets in the Gulf ended higher on Monday ahead of a widely expected pause in interest rate hike by the...

Published 12 Jun, 2023 07:06pm

Markets

Dubai posts second weekly gain, Abu Dhabi inches higher

Stock markets in the United Arab Emirates edged higher on Friday ahead of a widely expected pause in interest rate...

Published 09 Jun, 2023 05:05pm

Markets

Most Gulf markets gain on rising oil prices but focus turns to Fed

Most stock markets in the Gulf ended higher on Thursday amid rising oil prices but the gains were limited after a...

Published 08 Jun, 2023 07:50pm

Markets

Most Gulf markets gain on Fed rate pause hope; oil, Chinese data weigh

Most stock markets in the Gulf settled higher on Wednesday ahead of a widely expected pause in interest rate hike by...

Published 07 Jun, 2023 08:53pm

Markets

Most Gulf markets rise on Fed rate pause hopes; oil limits gains

Most stock markets in the Gulf ended higher on Tuesday ahead of a widely expected pause in interest rate hikes by...

Published 06 Jun, 2023 07:10pm

Markets

Most Gulf markets in black on rising oil prices, Fed rate pause optimism

Most stock markets in the Gulf ended higher on Monday on optimism the U.S. Federal Reserve would pause its rate...

Published 05 Jun, 2023 07:38pm

Markets

UAE stocks mostly higher as US debt deal revives confidence

Stocks in the United Arab Emirates were mostly higher on Friday on the back of a U.S. debt deal that averted a...

Published 02 Jun, 2023 05:41pm

Markets

Major Gulf markets gain as US debt deal spurs optimism

Major stock markets in the Gulf rose in early trade on Tuesday as investors cheered the prospect of the world’s...

Published 30 May, 2023 01:57pm

Markets

Most Gulf markets gain on US debt ceiling deal; Abu Dhabi falls

Most stock markets in the Gulf rose in early trading on Monday after lawmakers in Washington reached a tentative...

Published 29 May, 2023 02:07pm

Markets

UAE stocks rise as oil prices rise on US debt deal optimism

Stock markets in the United Arab Emirates closed higher on Friday as oil prices rose following progress in talks...

Published 26 May, 2023 06:31pm

Markets

Most Gulf markets lower as US debt-ceiling talks drag on

Most stock markets in the Gulf ended lower on Thursday tracking global shares after U.S. debt-ceilingtalks dragged...

Published 25 May, 2023 06:29pm

Markets

Gulf stocks track global markets lower on oil volatility, US debt impasse

Most Gulf stock markets ended lower on Tuesday, mirroring a decline in its global peers as volatile energy prices...

Published 23 May, 2023 06:45pm

Markets

Gulf stock markets end mixed ahead of US debt talks

Gulf stock markets ended mixed on Monday as investors remained cautious ahead of U.S. debt ceiling talks, with UAE...

Published 22 May, 2023 07:05pm

Markets

UAE markets extend weekly loss

Stock markets in United Arab Emirates closed lower on Friday for a second consecutive session as investors remained...

Published 19 May, 2023 07:38pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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