Trends - dirhams - Business Recorder

dirhams

Forex: spread between inter-bank, open market widens

Spread between the inter-bank and open market foreign exchange rates has widened during the ongoing week, with...

Published 26 Aug, 2022 01:34am

Business & Finance

Dubai announces PPP projects worth nearly $7bn

DUBAI: The government of Dubai on Sunday announced a diversified portfolio of public-private partnership (PPP)...

Published 10 Oct, 2021 02:22pm

Markets

Major Gulf bourses off to a mixed start

Ratings firm Fitch raised Aramco's outlook to stable and affirmed its IDR at 'A'

Published 28 Jul, 2021 02:35pm

Markets

UAE's top banks post strong Q2 net profit amid recovery from pandemic

FAB's net impairment charges fell 36% to 677 million dirhams while Emirates NBD's almost halved to 851 million dirhams

Published 28 Jul, 2021 11:49am

Business & Finance

Emirates airline posts $5.5b annual loss, its first in over 30 years

Forced to temporarily suspend operations last year, airline saw revenue fall 66 percent to $8.4 billion.

Updated 15 Jun, 2021 01:33pm

Business & Finance

Dubai trade volumes fell 13.7% in 2020

Trade with the United States decreased 21.5% to 61 billion dirhams, and trade with Saudi Arabia, its largest Arab trading partner, declined 3.6% to 54 billion dirhams.

Updated 11 Apr, 2021 05:50pm

Markets

UAE energy firm TAQA plans to expand its renewables portfolio

TAQA, which this year took control of power generation assets of an Abu Dhabi state-owned firm, operates oil and gas assets in North America and Iraq, and electricity assets in Morocco.

Published 24 Mar, 2021 12:23pm

Markets

Dubai bourse up, Saudi index posts strong gains

DUBAI: Dubai’s stock market ended higher on Wednesday, led by blue-chip developer Emaar Properties, while Saudi...

Published 04 Mar, 2021 04:58am

Markets

UAE markets lead gains, Saudi Arabia declines

DUBAI: The markets in the United Arab Emirates (UAE) finished higher on Monday, helped by financial and real estate...

Published 02 Feb, 2021 04:29am

Markets

Dubai leads major Gulf markets higher

Saudi Arabia's benchmark index was up 0.1%, with Banque Saudi Fransi and SABIC Agri-Nutrients Co rising 1.7% and 2.7%, respectively.

Published 01 Feb, 2021 03:08pm

Markets

UAE markets strengthen, Saudi index edges down

DUBAI: Markets in the United Arab Emirates (UAE) finished higher on Wednesday, with Abu Dhabi index leading the...

Published 28 Jan, 2021 04:40am

Markets

Dubai top lender Emirates NBD full-year profit slumps 52%

The UAE's biggest lender, First Abu Dhabi Bank, on Tuesday posted a 16% drop in 2020 net profit on higher impairment charges.

Published 27 Jan, 2021 02:57pm

Markets

Dubai leads most Gulf markets higher; Saudi bourse eases

DUBAI: Most stock markets in the Gulf ended higher on Wednesday, with Dubai leading gains boosted by its top lender...

Published 21 Jan, 2021 04:23am

Markets

Gulf stocks gain in early trade

The framework includes Aldar taking on the management of 30 billion dirhams ($8.17 billion) worth of major projects.

Published 20 Jan, 2021 02:13pm

Business & Finance

Dubai economy to grow 4% in 2021, rebounding from this year's contraction

The economy was hit hard by the coronavirus outbreak, which hurt its key tourism, real estate and trade sectors.

Published 24 Dec, 2020 12:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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