AGL 37.89 Decreased By ▼ -0.26 (-0.68%)
AIRLINK 124.10 Increased By ▲ 2.59 (2.13%)
BOP 5.67 Decreased By ▼ -0.18 (-3.08%)
CNERGY 3.75 No Change ▼ 0.00 (0%)
DCL 8.55 Increased By ▲ 0.15 (1.79%)
DFML 40.48 Decreased By ▼ -0.41 (-1%)
DGKC 87.10 Increased By ▲ 2.50 (2.96%)
FCCL 33.98 Increased By ▲ 1.28 (3.91%)
FFBL 66.01 Increased By ▲ 0.51 (0.78%)
FFL 10.20 Increased By ▲ 0.15 (1.49%)
HUBC 104.45 Increased By ▲ 0.65 (0.63%)
HUMNL 13.45 Increased By ▲ 0.20 (1.51%)
KEL 4.78 Increased By ▲ 0.35 (7.9%)
KOSM 6.84 Decreased By ▼ -0.25 (-3.53%)
MLCF 38.84 Increased By ▲ 1.34 (3.57%)
NBP 60.35 Increased By ▲ 0.10 (0.17%)
OGDC 179.65 Increased By ▲ 7.40 (4.3%)
PAEL 24.97 Increased By ▲ 0.17 (0.69%)
PIBTL 5.71 Increased By ▲ 0.01 (0.18%)
PPL 153.00 Increased By ▲ 11.31 (7.98%)
PRL 22.79 Increased By ▲ 0.07 (0.31%)
PTC 14.91 Increased By ▲ 0.17 (1.15%)
SEARL 66.85 Increased By ▲ 2.29 (3.55%)
TELE 7.01 Decreased By ▼ -0.13 (-1.82%)
TOMCL 35.70 Increased By ▲ 0.20 (0.56%)
TPLP 7.32 Increased By ▲ 0.03 (0.41%)
TREET 13.99 Decreased By ▼ -0.21 (-1.48%)
TRG 50.95 Decreased By ▼ -0.80 (-1.55%)
UNITY 26.40 Decreased By ▼ -0.20 (-0.75%)
WTL 1.23 Increased By ▲ 0.01 (0.82%)
BR100 9,717 Increased By 233.5 (2.46%)
BR30 29,237 Increased By 866.2 (3.05%)
KSE100 90,860 Increased By 1893.1 (2.13%)
KSE30 28,458 Increased By 630.4 (2.27%)

DUBAI: Major Gulf stock markets ended higher on Monday, with a slew of corporate earnings driving up Saudi shares.

Saudi Arabia’s benchmark index rose 0.8%, with Al Rajhi Bank leaping 3.4% a day after it posted a 48% jump in quarterly profit, helped by an increase in net financing and investment income, and fees from banking services.

Among other gainers, Saudi Telecom Co was up 0.7% following an increase in second-quarter net profit.

Dubai’s main share index added 0.3%, with Emirates NBD Bank rising 1.5% and sharia-compliant lender Dubai Islamic Bank firming 0.8%.

In Abu Dhabi, the index reversed early losses to close 0.2% higher, supported by a 1% rise in the country’s largest lender First Abu Dhabi Bank.

However, the index’s gains were capped by declines at Emirates Telecommunication Group (Etisalat), which was down 0.4%.

In the previous session, Etisalat jumped more than 5% after reporting an increase in quarterly net profit and approving payment of an interim dividend of 40 fils per share for the first half of 2021.

The United Arab Emirates will start providing China’s Sinopharm COVID-19 vaccine to children aged between three and 17 years, the UAE government said on Twitter on Monday.

The Qatari benchmark gained 0.8%, as most of its stocks were in positive territory including Islamic lender Masraf Al Rayan, which advanced 1.7%.

Outside the Gulf, Egypt’s blue-chip index edged up 0.1%, with Ezz Steel gaining 6.3%.

The Egyptian Stock Exchange will lift the limit on intraday share price moves to 20% from September, the bourse said on Sunday.

SAUDI ARABIA rose 0.8% to 11,157

ABU DHABI added 0.2% to 7,404

DUBAI rose 0.3% to 2,790

QATAR gained 0.8% to 10,817

EGYPT rose 0.1% to 10,822

BAHRAIN was up 0.4% to 1,600

OMAN fell 0.8% to 4,007

KUWAIT eased 0.4% to 7,130

$1 = 3.6726 UAE dirham).

Comments

Comments are closed.