Trends - Gulf bourses - Business Recorder

Gulf bourses

UAE bourses close lower ahead of fourth-quarter earnings

Stock markets in the United Arab Emirates closed lower on Friday, despite rising oil prices, ahead of the upcoming...

Published 17 Jan, 2025 07:52pm

Markets

Most Gulf markets end higher ahead of US CPI

Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data,...

Published 15 Jan, 2025 07:24pm

Markets

Most Gulf shares gain as Gaza ceasefire hopes rise; Egypt snaps losing streak

The Qatar stock index led most Gulf equities higher on Tuesday as hopes for a Gaza ceasefire rose after mediators...

Published 14 Jan, 2025 07:32pm

Markets

Most Gulf markets in red on US rate cut uncertainty

Most stock markets in the Gulf ended lower on Monday, as unexpectedly strong U.S. jobs data reinforced expectations...

Published 13 Jan, 2025 07:50pm

Markets

UAE shares mixed ahead of US jobs data

Stock markets in the United Arab Emirates ended Friday on a mixed note, as investors held their breath ahead of...

Published 10 Jan, 2025 08:06pm

Markets

Gulf markets ease on US economic data

Most stock markets in the Gulf were subdued on Thursday as signs of U.S. economic resilience dampened expectations...

Published 09 Jan, 2025 07:58pm

Markets

Most Gulf markets in red on US rate outlook

Most stock markets in the Gulf ended lower on Wednesday as traders bet that the U.S. Federal Reserve would be...

Published 08 Jan, 2025 07:09pm

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Most Gulf markets gain ahead of US economic data

Most Gulf stock markets ended higher on Tuesday as investors awaited a slate of U.S. economic data this week that...

Published 07 Jan, 2025 07:49pm

Markets

Most Gulf bourses gain ahead of US economic data

Most stock markets in the Gulf ended higher on Monday as investors looked to minutes of the U.S. Federal Reserve’s...

Published 06 Jan, 2025 06:31pm

Markets

UAE stocks subdued as investors lock in profits

Stock markets in the United Arab Emirates were subdued on Friday, with Dubai’s index retreating due to profit-taking...

Published 03 Jan, 2025 07:14pm

Markets

Most Gulf markets in red; Saudi gains

Most stock markets in the Gulf ended lower on Thursday in the absence of fresh factors, with the Saudi index bucking...

Published 02 Jan, 2025 06:59pm

Markets

Most Gulf markets wrap up 2024 with sparse gains; Dubai stands out

Most stock markets in the Gulf ended higher on Tuesday, concluding the year with meagre gains amid weak oil prices,...

Published 31 Dec, 2024 07:23pm

Markets

Most Gulf bourses gain, Dubai hits 10-year high

DUBAI: Most stock markets in the Gulf ended higher on Monday in thin trade ahead of the end of the year, with the...

Published 31 Dec, 2024 06:32am

Markets

Most Gulf bourses gain, Dubai hits 10-year high

Most stock markets in the Gulf ended higher on Monday in thin trade ahead of the end of the year, with the Dubai...

Published 30 Dec, 2024 08:43pm

Markets

UAE stocks mixed as Abu Dhabi extends losses

United Arab Emirates stock markets closed mixed on Friday, as Dubai’s index extended its winning streak to third...

Published 27 Dec, 2024 08:05pm

Markets

Dubai index hits over a decade high again; most Gulf shares down

Dubai’s benchmark stock index surged to its highest level in more than a decade on Thursday, while most other...

Published 26 Dec, 2024 08:51pm

Markets

UAE markets gain ahead of key US inflation data

Stock exchanges in the United Arab Emirates advanced on Friday, with Abu Dhabi leading the charge ahead of key U.S....

Published 20 Dec, 2024 06:51pm

Markets

Most Gulf shares join global decline as Fed sounds hawkish

Most stock markets in the Gulf tracked global equities lower on Thursday after the U.S. Federal Reserve signaled a...

Published 19 Dec, 2024 07:23pm

Markets

Gulf equities end mixed; Fed rate outlook in focus

Gulf shares were mixed on Wednesday as investors exercised caution ahead of the U.S. Federal Reserve’s last policy...

Published 18 Dec, 2024 08:01pm

Markets

Emaar lifts Dubai to over decade-high; most Gulf shares slip

Dubai’s benchmark share index surged on Tuesday to its highest level in more than a decade, while most other markets...

Published 17 Dec, 2024 06:25pm

Markets

Dubai outperforms other Gulf markets as Fed rate decision eyed

Dubai’s benchmark share index jumped on Monday to its highest level in more than a decade, lifted by real estate and...

Published 16 Dec, 2024 07:28pm

Markets

Real estate and industrial stocks lift Dubai; Abu Dhabi falls

Dubai’s main share index closed higher on Friday, in line with oil prices, boosted by gains in real estate and...

Published 13 Dec, 2024 06:19pm

Markets

Most Gulf markets track global shares higher on Fed rate cut bets

Most stocks markets in the Gulf were up in early trading on Thursday in tandem with a rally in global equities after...

Published 12 Dec, 2024 02:14pm

Markets

Most Gulf markets gain ahead of US inflation report

Most stock markets in the Gulf region edged higher in early trade on Thursday as investors awaited U.S. inflation...

Published 11 Dec, 2024 01:43pm

Markets

Saudi bourse gains ahead of US rate cut decision; Dubai falls on tax concerns

Saudi Arabian stock market ended higher on Tuesday, as investors looked ahead to the U.S. Federal Reserve’s upcoming...

Published 10 Dec, 2024 06:38pm

Markets

Most Gulf markets gain as investors await US inflation data

Most stock markets in the Gulf closed higher on Monday as investors waited for a reading of U.S. inflation data...

Published 09 Dec, 2024 07:24pm

Markets

UAE stocks mixed as investors eye US payrolls data

Stock markets in the United Arab Emirates closed mixed on Friday amid weakening oil prices and Fed rate cut bets as...

Published 06 Dec, 2024 07:16pm

Markets

Most Gulf markets gain on US rate cut bets, OPEC+ output delay

Most stock markets in the Gulf ended higher on Thursday, helped by investor confidence in a U.S. interest rate cut...

Published 05 Dec, 2024 08:33pm

Markets

Most Gulf markets end higher ahead of US jobs data, Powell speech

Most stock markets in the Gulf edged higher in choppy trade on Wednesday, ahead of U.S. jobs data and comments from...

Published 04 Dec, 2024 06:35pm

Markets

Major Gulf equities track higher oil prices; Qatar flat

Major Gulf stock markets ended higher on Tuesday, fueled by rising oil prices, as investors bet on OPEC+ extending...

Published 03 Dec, 2024 09:04pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31
France CAC40 / Jan 20	7,733.50
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.60 ▲ 0.40 (12.50%)
F.Credit & Inv / Jan 21 First Credit and Investment Bank Limited(FCIBL)	8.34 ▲ 0.88 (11.80%)
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	22.51 ▼ -2.48 (-9.92%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	225.25 ▼ -19.75 (-8.06%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.78 ▼ -1.46 (-8.00%)
Kohat Textile / Jan 21 Kohat Textile Mills Limited(KOHTM)	32.32 ▼ -2.58 (-7.39%)
Parmount Sp. / Jan 21 Paramount Spinning Mills Limited(PASM)	4.30 ▼ -0.31 (-6.72%)
Asia Ins. / Jan 21 Asia Insurance Company Limited(ASIC)	12.61 ▼ -0.90 (-6.66%)
Suhail Jute / Jan 21 Suhail Jute Mills Limited(SUHJ)	106 ▼ -7.47 (-6.58%)
Shadab Textile / Jan 21 Shadab Textile Mills Limited(SHDT)	21.11 ▼ -1.46 (-6.47%)

Stock	Volume
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	61,974,628 ▲ 0.17
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.43
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.05
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	42,322,894 ▲ 1.33
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	36,034,281 ▲ 0.15
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.23
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -2.13
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -3.43
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▲ 1.19

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