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Apr 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Qatari index

Most major Gulf bourses in red; financials aid Saudi
Markets

Most major Gulf bourses in red; financials aid Saudi

  • Dubai's main share index declined 1%, with sharia-compliant lender Dubai Islamic Bank and blue-chip developer Emaar Properties both losing 1.4%.
  • Saudi Arabia's benchmark index finished 0.2% higher, supported by a 1.3% gain in Riyad Bank and a 1.9% increase in property firm Jabal Omar Development.
Published 16 Jun, 2021 06:23pm
Saudi leads major Gulf markets higher; Egypt slides
Markets

Saudi leads major Gulf markets higher; Egypt slides

  • Egypt's blue-chip index declined 2.1%. Most of the stocks on the index were in negative territory, including Commercial International Bank, which dropped 2%.
  • Saudi Arabia's benchmark index finished 1.3% higher, buoyed by a 1.8% rise in Al Rajhi Bank and a 5.7% jump in Riyad Bank.
Published 25 May, 2021 07:07pm
Banks buoy Saudi index; other major Gulf bourses dip
Markets

Banks buoy Saudi index; other major Gulf bourses dip

  • Saudi Arabia's benchmark index advanced 2.6%, buoyed by a 4.3% jump in Al Rajhi Bank and a 6.5% increase in petrochemical firm Saudi Basic Industries.
  • In Abu Dhabi, the index dropped 0.6%, hit by a 1.2% fall in the country's largest lender First Abu Dhabi Bank .
Published 28 Apr, 2021 08:39pm
Major Gulf markets mixed
Markets

Major Gulf markets mixed

DUBAI: Major stock markets in the Gulf closed mixed on Tuesday, with petrochemical shares boosting the Qatari ...
Published 28 Apr, 2021 03:18am
Abu Dhabi outperforms major Gulf markets
Markets

Abu Dhabi outperforms major Gulf markets

  • In Abu Dhabi, the index rose 1.3%, on track to extend gains for an eight consecutive session, boosted by a 13.6% rise in International Holding.
  • Saudi Arabia's benchmark index edged up 0.3%, with Advanced Petrochemical jumping more than 5%, after it reported strong quarterly earnings.
Updated 06 Apr, 2021 07:29pm