AIRLINK 172.90 Decreased By ▼ -2.83 (-1.61%)
BOP 13.27 Increased By ▲ 0.15 (1.14%)
CNERGY 7.43 Decreased By ▼ -0.11 (-1.46%)
FCCL 43.56 Decreased By ▼ -0.35 (-0.8%)
FFL 14.91 Decreased By ▼ -0.10 (-0.67%)
FLYNG 26.64 Decreased By ▼ -0.26 (-0.97%)
HUBC 129.50 Decreased By ▼ -0.73 (-0.56%)
HUMNL 13.35 Increased By ▲ 0.01 (0.07%)
KEL 4.45 Decreased By ▼ -0.05 (-1.11%)
KOSM 6.00 Decreased By ▼ -0.06 (-0.99%)
MLCF 55.55 Decreased By ▼ -0.48 (-0.86%)
OGDC 213.34 Decreased By ▼ -1.43 (-0.67%)
PACE 5.88 Decreased By ▼ -0.10 (-1.67%)
PAEL 41.16 Increased By ▲ 0.26 (0.64%)
PIAHCLA 16.71 Increased By ▲ 0.39 (2.39%)
PIBTL 9.60 Decreased By ▼ -0.15 (-1.54%)
POWER 11.54 Decreased By ▼ -0.22 (-1.87%)
PPL 179.25 Decreased By ▼ -2.23 (-1.23%)
PRL 33.86 Decreased By ▼ -0.36 (-1.05%)
PTC 22.87 Decreased By ▼ -0.19 (-0.82%)
SEARL 94.40 Decreased By ▼ -1.32 (-1.38%)
SILK 1.18 Increased By ▲ 0.04 (3.51%)
SSGC 35.20 Decreased By ▼ -0.25 (-0.71%)
SYM 15.73 Decreased By ▼ -0.02 (-0.13%)
TELE 7.82 Decreased By ▼ -0.05 (-0.64%)
TPLP 10.84 Decreased By ▼ -0.14 (-1.28%)
TRG 60.75 Increased By ▲ 0.25 (0.41%)
WAVESAPP 10.69 Decreased By ▼ -0.12 (-1.11%)
WTL 1.33 Decreased By ▼ -0.02 (-1.48%)
YOUW 3.80 Increased By ▲ 0.03 (0.8%)
BR100 12,052 Decreased By -1.3 (-0.01%)
BR30 36,449 Decreased By -17.8 (-0.05%)
KSE100 113,993 Decreased By -363.4 (-0.32%)
KSE30 35,154 Decreased By -192.9 (-0.55%)

DUBAI: Dubai share index ended an eight-session winning streak on Tuesday and most other major stock markets in the Gulf also retreated, but the Saudi market rose thanks to gains in banks.

Saudi Arabia's benchmark index advanced 0.9%, with Saudi National Bank rising 3.5%, a day after the country's largest lender proposed a cash dividend of 0.65 riyal per share for the first half.

Among other gainers, Dallah Healthcare added 1.8% following a rise in its quarterly profit.

The kingdom's economy grew in the second quarter for the first time since the coronavirus pandemic began, fuelled by 10.1% growth in the non-oil sector, according to flash government estimates on Monday.

Separately, the Saudi Exchange on Monday announced the listing of Banan Real Estate on the parallel market on Aug. 11.

Dubai's main share index lost 0.2%, hit by a 0.8% fall in sharia-compliant lender Dubai Islamic Bank.

In Abu Dhabi, the index dropped 0.2%, pressured by a 0.4% fall in the country's largest lender, First Abu Dhabi Bank .

Among other decliners, Ras Al Khaimah Cement Co tumbled about 10% to become the top loser on the index. Last week, the cement firm posted a net loss of 7.2 million dirhams for the second quarter.

The Qatari index lost 0.3%, as most of the constituents of the index retreated, including Commercial Bank , which was down 1.9%.

Outside the Gulf, Egypt's blue-chip index gained 0.5%, with top lender Commercial International Bank rising 2%.

Egypt on Monday received its first shipment of one-shot Johnson & Johnson COVID-19 vaccines, obtaining 261,600 doses in cooperation with the African Union, the health ministry said.

The country has also received shipments of the Sputnik, Sinopharm and Oxford-AstraZeneca shots.

SAUDI ARABIA rose 0.8% to 11,300

ABU DHABI eased 0.2% to 7,559

DUBAI down 0.4% to 2,817

QATAR lost 0.3% to 10,913

EGYPT up 0.5% to 10,854

BAHRAIN gained 0.4% to 1,618

OMAN fell 0.2% to 4,000

KUWAIT added 0.5% to 7,190.

Comments

Comments are closed.