Trends - Gulf markets - Business Recorder

Gulf markets

Dubai declines on profit-taking, Abu Dhabi marginally up

The Dubai index closed lower on Friday as investors moved to take profit from the previous session, while Abu Dhabi...

Published 22 Sep, 2023 06:14pm

Markets

Most Gulf markets gain despite hawkish Fed

Most stock markets in the Gulf ended higher on Thursday despite the U.S. Federal Reserve stiffening its hawkish...

Published 21 Sep, 2023 07:42pm

Markets

Most Gulf markets in red ahead of Fed’s decision

Most stock markets in the Gulf ended lower on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision,...

Published 20 Sep, 2023 06:39pm

Markets

Most Gulf markets in black ahead of Fed’s decision

Most stock markets in the Gulf ended higher on Tuesday ahead of an interest rate decision by the Federal Reserve,...

Published 19 Sep, 2023 07:14pm

Markets

Middle Eastern stocks mixed amid growth jitters

Stock exchanges in Middle East were mixed on Monday, as growth concerns weighed on investor sentiment ahead of a...

Published 18 Sep, 2023 07:01pm

Markets

UAE shares end higher on strong oil, China optimism

Stock markets in the United Arab Emirates rose on Friday, tracking higher oil prices and optimism that the Chinese...

Published 15 Sep, 2023 07:29pm

Markets

Most Gulf markets fall ahead of US inflation data

Most stock markets in the Gulf ended lower on Tuesday, with investors focusing on macroeconomic data that could...

Published 12 Sep, 2023 07:10pm

Markets

Most Gulf markets gain on rising oil prices; Saudi falls

Most stock markets in the Gulf ended higher on Sunday in response to Friday’s rise in oil prices, although the Saudi...

Published 10 Sep, 2023 06:44pm

Markets

UAE shares jump on possible rail, port deal

Stock markets in the United Arab Emirates rose on Friday, after Reuters reported that the United States, Saudi...

Published 08 Sep, 2023 07:54pm

Markets

Gulf bourses end mixed; Saudi posts biggest weekly loss in a month

Stock markets in the Gulf ended mixed on Thursday on worries that stubborn U.S. inflation could keep interest rates...

Published 07 Sep, 2023 07:33pm

Markets

Most Gulf markets fall in early trade on weaker oil prices

Most stock markets in the Gulf dropped in early trade on Tuesday, tracking oil prices lower as weak service sector...

Published 05 Sep, 2023 02:29pm

Markets

Gulf markets end lower amid volatile oil prices; Egypt gains

Most stock markets in the Gulf ended lower on Monday as investors turned cautious amid volatile oil prices and...

Published 04 Sep, 2023 06:49pm

Markets

Most Gulf markets rise on Fed pause bets; Saudi retreats

Most major stock markets in the Gulf rose on Thursday after soft U.S. economic data raised bets that the Federal...

Published 31 Aug, 2023 02:13pm

Markets

Major Gulf markets mixed on Fed pause bets, stronger oil

Major stock markets in the Gulf were mixed in early trade on Wednesday, with the Saudi index on course to snap two...

Published 30 Aug, 2023 02:32pm

Markets

Gulf stock markets end mixed as China boost lingers, oil volatile

Stock markets in the Gulf ended mixed on Tuesday with China’s efforts to shore up its battered markets supporting...

Published 29 Aug, 2023 07:18pm

Markets

Major Gulf bourses fall on Fed chair’s hawkish tone

Most stock markets in the Gulf ended lower on Monday as a slightly hawkish outlook from U.S. Federal Reserve chair...

Published 28 Aug, 2023 06:37pm

Markets

UAE shares end lower ahead of Powell’s speech

Stock markets in the United Arab Emirates closed lower on Friday ahead of remarks from the U.S. Federal Reserve...

Published 25 Aug, 2023 06:59pm

Markets

Most Gulf markets in black ahead of Powell’s speech

Most stock markets in the Gulf ended higher on Thursday, with the Saudi index snapping three sessions of losses,...

Published 24 Aug, 2023 07:23pm

Markets

Major Gulf markets rise ahead of Powell’s speech

Major stock markets in the Gulf rose in early trade on Thursday, with the Saudi index on course to snap three...

Published 24 Aug, 2023 02:37pm

Markets

Major Gulf markets mixed ahead of Jackson Hole meet

Major stock markets in the Gulf were mixed in early trade on Wednesday ahead of an annual meeting of central...

Published 23 Aug, 2023 02:48pm

Markets

Most Gulf markets track oil prices lower; Egypt jumps

Most stock markets in the Gulf ended lower on Tuesday on falling oil prices, while the approaching Jackson Hole...

Published 22 Aug, 2023 06:58pm

Markets

Most Gulf markets fall as China’s rate cut disappoints

Most stock markets in the Gulf ended lower on Monday, as the latest stimulus measures from China disappointed...

Published 21 Aug, 2023 07:35pm

Markets

UAE shares mixed on weak oil, US rate bets

Stock markets in the United Arab Emirates ended mixed on Friday amid falling oil prices as investors bet on interest...

Published 18 Aug, 2023 05:49pm

Markets

Most Gulf markets in red after China cuts rates

Most stock markets in the Gulf ended lower on Tuesday on reduced risk appetite after rate cuts by China and more...

Published 15 Aug, 2023 08:04pm

Markets

Most Gulf markets subdued after China cuts rates

Most major stock markets in the Gulf fell in early trade on Tuesday as investors mulled over China cutting key...

Published 15 Aug, 2023 01:33pm

Markets

Most Gulf markets in red as China woes linger, oil falls

Most stock markets in the Gulf ended lower on Monday as traders considered a slowdown in China, while falling oil...

Published 14 Aug, 2023 07:22pm

Markets

Most Gulf markets in red on oil, weak Chinese data; Saudi gains

Most stock markets in the Gulf were subdued on Thursday as investors reacted to volatile oil prices and Chinese...

Published 10 Aug, 2023 07:19pm

Markets

Major Gulf markets mixed ahead of US inflation data

Major stock markets in the Gulf were mixed in early trade on Thursday ahead of a US inflation report that will...

Published 10 Aug, 2023 01:45pm

Markets

Most Gulf markets track oil, Egypt gains

DUBAI: Most stock markets in the Gulf ended lower on Monday, tracking a fall in oil and global shares, while the...

Published 08 Aug, 2023 06:37am

Markets

Most Gulf markets extend gains on dovish Fed bets

DUBAI: Most stock markets in the Gulf ended higher on Monday, extending gains as investors ramped up their bets for...

Published 18 Jul, 2023 05:51am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 1 786 Investments Limited(786)	5.45 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 1 Al-Abbas Sugar Mills Limited(AABS)	543.95 ▼ 0.00 (0.00%)
Agro Allianz / Oct 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 1 Allied Bank Limited(ABL)	70.01 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 1 Abbott Laboratories (Pakistan) Limited(ABOT)	345.50 ▼ 0.00 (0.00%)
Abson Ind. / Oct 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 1 Alfalah Consumer Index ETF.(ACIETF)	7.40 ▼ 0.00 (0.00%)
Attock Cement / Oct 1 Attock Cement Pakistan Limited(ACPL)	86.49 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 1 786 Investments Limited(786)	5.45 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 1 Al-Abbas Sugar Mills Limited(AABS)	543.95 ▲ 0.00 (0.00%)
Agro Allianz / Oct 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 1 Allied Bank Limited(ABL)	70.01 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 1 Abbott Laboratories (Pakistan) Limited(ABOT)	345.50 ▲ 0.00 (0.00%)
Abson Ind. / Oct 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 1 Alfalah Consumer Index ETF.(ACIETF)	7.40 ▲ 0.00 (0.00%)
Attock Cement / Oct 1 Attock Cement Pakistan Limited(ACPL)	86.49 ▲ 0.00 (0.00%)

Stock	Volume
Oil & Gas Dev. / Oct 1 Oil & Gas Development Company Limited(OGDC)	10,868,813 ▲ 0.00
WorldCall Telecom / Oct 1 Worldcall Telecom Limited(WTL)	9,629,472 ▲ 0.00
Agritech Limited / Oct 1 Agritech Limited(AGL)	9,567,000 ▲ 0.00
Fauji Foods Ltd / Oct 1 Fauji Foods Limited(FFL)	6,502,449 ▲ 0.00
P.I.A.C.(A) / Oct 1 Pakistan International Airlines Corp(PIAA)	6,306,500 ▲ 0.00
Pak Petroleum / Oct 1 Pakistan Petroleum Limited(PPL)	5,897,086 ▲ 0.00
TPL Properties / Oct 1 TPL Properties Limited(TPLP)	5,187,915 ▲ 0.00
Image Pakistan / Oct 1 Image Pakistan Limited(IMAGE)	4,549,000 ▲ 0.00
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	4,331,521 ▲ 0.00
Citi Pharma Ltd / Oct 1 Citi Pharma Ltd.(CPHL)	4,238,438 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 28	287.90
USD PKR Interbank Buying / Sep 28	287.70
USD to Japanese Yen / Sep 29	149.32
USD to Swiss Franc / Sep 29	0.91
Pound Sterling to USD / Sep 29	1.22
Euro to USD / Sep 29	1.06
UK LIBOR % / Sep 28	5.43

Stock	Volume
S&P 500 / Sep 28	4299.70
Nasdaq / Sep 28	13201.28
Dow Jones / Sep 28	33666.34
India Sensex / Sep 29	65686.70
Tokyo Nikkei / Sep 29	31764.51
Hang Seng / Sep 29	17832.11
FTSE 100 / Sep 29	7644.96
Germany DAX 30 / Sep 29	15403.20
France CAC40 / Sep 29	7167.41

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 28	17935
Gold 10 Grams PKR / Sep 28	176357.60
Crude Oil USD/Barrel / Sep 29	91.68
Gold Spot USD/Ounce / Sep 29	1864.84
Cotton US¢/pound / Sep 29	88.99

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