AGL 40.09 Increased By ▲ 0.09 (0.23%)
AIRLINK 131.06 Increased By ▲ 1.53 (1.18%)
BOP 7.00 Increased By ▲ 0.32 (4.79%)
CNERGY 4.60 Decreased By ▼ -0.03 (-0.65%)
DCL 8.95 Increased By ▲ 0.01 (0.11%)
DFML 42.60 Increased By ▲ 0.91 (2.18%)
DGKC 84.00 Increased By ▲ 0.23 (0.27%)
FCCL 32.70 Decreased By ▼ -0.07 (-0.21%)
FFBL 78.78 Increased By ▲ 3.31 (4.39%)
FFL 12.20 Increased By ▲ 0.73 (6.36%)
HUBC 110.30 Decreased By ▼ -0.25 (-0.23%)
HUMNL 14.36 Decreased By ▼ -0.20 (-1.37%)
KEL 5.65 Increased By ▲ 0.26 (4.82%)
KOSM 8.40 No Change ▼ 0.00 (0%)
MLCF 39.50 Decreased By ▼ -0.29 (-0.73%)
NBP 64.00 Increased By ▲ 3.71 (6.15%)
OGDC 200.65 Increased By ▲ 0.99 (0.5%)
PAEL 26.50 Decreased By ▼ -0.15 (-0.56%)
PIBTL 7.76 Increased By ▲ 0.10 (1.31%)
PPL 161.50 Increased By ▲ 3.58 (2.27%)
PRL 26.70 Decreased By ▼ -0.03 (-0.11%)
PTC 18.58 Increased By ▲ 0.12 (0.65%)
SEARL 82.70 Increased By ▲ 0.26 (0.32%)
TELE 8.23 Decreased By ▼ -0.08 (-0.96%)
TOMCL 34.37 Decreased By ▼ -0.14 (-0.41%)
TPLP 9.01 Decreased By ▼ -0.05 (-0.55%)
TREET 16.99 Decreased By ▼ -0.48 (-2.75%)
TRG 60.17 Decreased By ▼ -1.15 (-1.88%)
UNITY 27.57 Increased By ▲ 0.14 (0.51%)
WTL 1.41 Increased By ▲ 0.03 (2.17%)
BR100 10,693 Increased By 286.5 (2.75%)
BR30 32,041 Increased By 327.8 (1.03%)
KSE100 99,469 Increased By 2140.7 (2.2%)
KSE30 31,038 Increased By 845.3 (2.8%)

Abu Dhabi’s benchmark stock index closed lower on Friday, dragged down by First Abu Dhabi Bank after the United Arab Emirates’ largest lender sad it was no longer evaluating a possible takeover offer for Standard Chartered.

The index declined 0.7%, with conglomerate Alpha Dhabi Holding shedding 1.3%, while state-controlled integrated utility firm Abu Dhabi National Energy Company slipped 0.6%. Shares of First Abu Dhabi Bank dropped 2.3%.

Separately, Abu Dhabi National Oil Company (ADNOC) said on Thursday it would allocate 55 billion ($14.97 billion) dirhams to support development of low-carbon solutions, new energies and decarbonisation technologies across its portfolio by 2030.

Most major Gulf stock markets fall on hawkish Fed

Dubai’s main share index dipped 0.4%, with Sharia-compliant lender Dubai Islamic Bank down 1.1%, while blue-chip developer Emaar Properties dropped 0.7%.

Comments

Comments are closed.