Trends - Gulf market - Business Recorder

Gulf market

Gulf bourses rise on Fed’s rate cut stance; Dubai slips

Most stock markets in the Gulf closed higher on Thursday, led by the Saudi index, joining a global rally as...

Published 21 Mar, 2024 07:37pm

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Most Gulf bourses join global rally

Most stock markets in the Gulf were up in early trade on Thursday, tracking global peers higher after the US Federal...

Published 21 Mar, 2024 01:33pm

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Major Gulf bourses end mixed; Egypt extends losses

Major stock markets in the Gulf put in a mixed performance on Wednesday as investors were cautious ahead of the U.S....

Published 20 Mar, 2024 08:26pm

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Major Gulf bourses end mixed; Egypt extends slide

Major stock markets in the Gulf put in a mixed performance on Tuesday as investors turned cautious ahead of the U.S....

Published 19 Mar, 2024 07:23pm

Markets

Major Gulf bourses up on strong oil prices; Egypt extends slide

Major stock markets in the Gulf rose on Monday led by the Abu Dhabi benchmark on higher oil prices, while shares in...

Updated 18 Mar, 2024 07:58pm

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UAE bourses track global equities lower

Stock markets in United Arab Emirates declined on Friday, in line with global equities after a bigger-than-expected...

Published 15 Mar, 2024 05:22pm

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Gulf markets rise on higher oil prices; US data in focus

Most stock markets in the Gulf rose on Thursday in line with global peers and firmer oil prices, while investors...

Published 14 Mar, 2024 07:55pm

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Major Gulf markets end lower; Egypt gains

Major stock markets in the Gulf ended lower on Monday as investors waited for key U.S. inflation data this week,...

Published 11 Mar, 2024 08:47pm

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UAE bourses gain on rate cut bets

United Arab Emirates stock exchanges ended higher on Friday, tracking global equities after U.S. Federal Reserve...

Published 08 Mar, 2024 07:22pm

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Saudi bourse gains on Fed rate cut signal; ex-dividend stocks pull down Dubai, Qatar

The Saudi Arabian stock market rose in early trade on Thursday as the U.S. Federal Reserve Chair said he expects...

Published 07 Mar, 2024 02:19pm

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Gulf markets mixed ahead of key Fed Powell testimony

Stock markets in the Gulf ended mixed on Wednesday, ahead of Federal Reserve Chair Jerome Powell’s congressional...

Published 06 Mar, 2024 06:30pm

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Most Gulf markets ease ahead of inflation tests

Most major stock markets in the Gulf fell in early trade on Monday on market concerns that higher-than-expected...

Published 26 Feb, 2024 01:30pm

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UAE stock markets fall on weak oil prices

Stock markets in United Arab Emirates declined on Friday, tracking oil prices after a U.S. Federal Reserve governor...

Published 23 Feb, 2024 05:41pm

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Major Gulf markets ease on regional tensions

Most major stock markets in the Gulf fell in early trade on Tuesday on heightened tensions in the region, although...

Published 20 Feb, 2024 02:42pm

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Saudi index at 18-month high leads Gulf market gains

DUBAI: Most stock markets in the Gulf rose on Monday, led by the Saudi index closing at its highest since August...

Published 20 Feb, 2024 03:09am

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Saudi bourse extends losses on profit taking; Qatar falls

Saudi Arabia’s stock market extended its losses on Wednesday as profit-taking continued after it hit nine-month high...

Published 02 Aug, 2023 07:04pm

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Saudi market extends losses on profit-taking; Qatar advances

Saudi Arabian stocks extended losses on Tuesday as traders continued to book profits after the benchmark index hit a...

Published 01 Aug, 2023 07:49pm

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Most Gulf markets fall following Fed rate hike; Qatar gains

Most stock markets in the Gulf ended lower on Thursday, as regional central banks increased key interest rates...

Published 27 Jul, 2023 07:33pm

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Most Gulf markets gain on corporate earnings

Most stock markets in the Gulf ended higher on Wednesday largely on the back of corporate earnings, although the...

Published 26 Jul, 2023 07:39pm

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Most Gulf markets rise on solid corporate earnings; Egypt slips

Most stock markets in the Gulf ended higher on Monday, largely on the back of corporate earnings, although traders’...

Published 24 Jul, 2023 07:30pm

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Most Gulf markets gain as US inflation cools, Saudi index eases

Most major stock markets in the Gulf rose in early trade on Thursday after US inflation and economic data boosted...

Published 13 Jul, 2023 03:30pm

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Most Gulf markets in black ahead of US inflation data; Egypt eases

Most stock markets in the Gulf ended higher on Wednesday, as traders awaited a crucial U.S. inflation reading to...

Published 12 Jul, 2023 07:24pm

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Most Gulf markets track oil prices higher; Dubai at 8-year high

Most stock markets in the Gulf ended higher on Tuesday, tracking oil prices, with the Dubai index at its highest in...

Published 04 Jul, 2023 07:03pm

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Dubai leads most Gulf markets higher; Qatar falls

Most stock markets in the Gulf ended higher on Monday amid rising oil prices, with the Dubai index outperforming the...

Published 03 Jul, 2023 07:38pm

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Major Gulf bourses drop on falling oil prices

Major stock markets in the Gulf ended lower on Thursday as investors remained cautious amid falling oil prices and...

Published 22 Jun, 2023 08:31pm

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Gulf bourses end mixed on China growth concerns

Gulf stock markets ended mixed on Tuesday as investors were cautious amid volatile oil prices and awaited more...

Published 20 Jun, 2023 07:42pm

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Gulf stock markets end mixed amid China growth uncertainties

Stock markets in the Gulf ended mixed on Monday as investors remained cautious amid volatile oil prices and hopes...

Published 19 Jun, 2023 08:02pm

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Dubai, Abu Dhabi bourses end higher on Fed rate cheer

Stock markets in the United Arab Emirates ended higher on Friday on expectations that the Federal Reserve was close...

Published 16 Jun, 2023 06:52pm

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Most Gulf bourses fall as hawkish Fed hurts mood

Most stock markets in the Gulf ended lower on Thursday as hawkish signals on interest rate hikes by the U.S. Federal...

Published 15 Jun, 2023 07:01pm

Markets

Most Gulf markets gain ahead of Fed rate decision

Most stock markets in the Gulf ended higher on Wednesday as investors awaited the outcome of the U.S. Federal...

Published 14 Jun, 2023 08:21pm

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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