Trends - Gulf stock - Business Recorder

Markets

Most Gulf bourses in red, tracking oil, Asian shares

Major Gulf bourses fell in early trade on Thursday, in line with oil prices and Asian shares, on worries over higher...

Published 06 Jan, 2022 02:54pm

Markets

Major Gulf bourses mixed as Omicron fears weigh

Major stock markets in the Gulf were mixed in early trade on Tuesday, as worries weighed that the Omicron variant...

Published 04 Jan, 2022 02:36pm

Markets

Most Gulf markets track losses in Asian shares

Most stock markets in the Gulf fell in early trade on Wednesday, in line with Asian shares, as investors positioned...

Published 29 Dec, 2021 02:05pm

Markets

Most Gulf bourses track oil prices, Asian shares higher

Most stock markets in the Gulf rose in early trade on Tuesday, tracking gains in oil prices and Asian shares as some...

Published 28 Dec, 2021 02:02pm

Markets

Saudi bourse outperforms Gulf peers in early trade

Stock markets in the Gulf were mixed in early trade on Monday, with the Saudi index outperforming the region as oil...

Published 13 Dec, 2021 01:49pm

Markets

Most stock markets in Gulf rise, in line with oil prices

Most stock markets in the Gulf rose in early trade on Monday, on course to extend gains from the previous session in...

Published 06 Dec, 2021 01:19pm

Markets

Most Gulf bourses rebound after virus-fuelled rout

Most stock markets in the Gulf rose in early trade on Wednesday, rebounding from a sell-off triggered by comments...

Published 01 Dec, 2021 01:41pm

Markets

Most Gulf bourses slide on fears over COVID-19 variant

Most Gulf stock markets fell sharply in early trade on Sunday, with the Saudi index suffering its biggest single-day...

Published 28 Nov, 2021 12:40pm

Markets

Major Gulf bourses mixed in early trade

Major stock markets in the Gulf were mixed in early trade on Sunday, with the Saudi index on track to extend gains...

Updated 14 Nov, 2021 02:37pm

Markets

Major Gulf bourses rise in early trade

Most stock markets in the Gulf rose in early trade on Monday, with the Saudi index on course to end a four-day ...

Published 01 Nov, 2021 01:52pm

Markets

Major Gulf bourses mixed in early trade

Major stock markets in the Gulf were mixed in early trade on Sunday, with the Saudi index on track to end a four-day...

Updated 31 Oct, 2021 02:20pm

Business & Finance

Major Gulf bourses move in narrow range as oil prices fall

Major stock markets in the Gulf traded in a narrow range in early trade on Wednesday as oil prices fell, with the...

Published 27 Oct, 2021 02:46pm

Markets

Most Gulf bourses gain in early trade; Saudi retreats

Most stock markets in the Gulf rose in early trade on Sunday, with the Abu Dhabi index outperforming the region,...

Published 24 Oct, 2021 02:49pm

Markets

Major Gulf bourses mixed in early trade

Major stock markets in the Gulf were mixed in early trade on Sunday, with the Saudi Index outperforming the region...

Published 10 Oct, 2021 02:02pm

Markets

Most Gulf stocks up in early trade, Saudi extends gains on rising oil prices

Most major Gulf stock markets rose in early trade on Tuesday, with petrochemical shares aiding the Saudi index as ...

Published 28 Sep, 2021 01:44pm

Markets

Saudi Telecom aids Saudi bourse

DUBAI: Major stock markets in the Gulf were mixed on Sunday, with the Saudi index extending gains from the previous...

Published 06 Sep, 2021 06:14am

Markets

Abu Dhabi hits record high as IHC extends gains

In Abu Dhabi, the benchmark index gained 0.5%
Saudi Arabia's benchmark index gained 0.2%, led by a 3.5% rise in Saudi Arabian Mining Company and a 0.3% increase in Al Rajhi Bank

Published 11 Aug, 2021 06:29pm

Markets

Major Gulf bourses ease, banks buoy Saudi index

DUBAI: Dubai share index ended an eight-session winning streak on Tuesday and most other major stock markets in the...

Published 11 Aug, 2021 04:27am

Markets

Most Gulf bourses gain, Saudi Aramco's Q2 profit soars

Dubai's main share index dropped 0.3%, hit by a 0.4% fall in Emirates NBD Bank and a 0.2% decrease in Sharia-compliant lender Dubai Islamic Bank

Published 08 Aug, 2021 01:50pm

Markets

Major Gulf bourses shrug off geopolitical tensions

Saudi Arabia's benchmark index rose 0.4%, with Dr Sulaiman Al-Habib Medical Services advancing 3.1% and Sahara International Petrochemical Co climbing 4.2%
The Qatari benchmark added 0.6%, led by a 0.6% increase in Qatar National Bank and a 1.2% rise in Commercial Bank

Updated 05 Aug, 2021 07:22pm

Markets

Dubai gains as UAE eases travel curbs; other markets mixed

Brent crude oil futures, however, were down 1.8%, or $1.30, to $71.11 a barrel
Saudi Arabia's benchmark index dropped 0.4%, with Al Rajhi Bank losing 0.5%, while Savola Group declined 4.5%.

Published 04 Aug, 2021 07:00pm

Markets

Saudi index drags most Gulf bourses lower; Abu Dhabi gains

DUBAI: Most major stock markets in the Gulf ended lower on Sunday, with Saudi Arabia leading the losses, although ...

Published 12 Jul, 2021 05:26am

Markets

Dubai drags major Gulf markets lower

Dubai's main share index fell 0.7%, weighed down by a 1.1% drop in Emirates NBD Bank and a 1% decline in sharia-compliant lender Dubai Islamic Bank.
"The Saudi announcement will likely negatively affect companies in the Emirates in the short-term," said Daniel Takieddine, market analyst at FXPrimus.

Published 06 Jul, 2021 07:13pm

Markets

Saudi gains as major Gulf markets ease

Saudi Arabia's benchmark index added 0.2%, with Al Rajhi Bank rising 0.9% and Sahara International Petrochemical Company (Sipchem) jumping 5.6% after proposing a first-half dividend of 0.75 riyal per share.

Published 24 Jun, 2021 08:01pm

Markets

Saudi bourse underperforms major Gulf markets, Qatar gains

DUBAI: Most major stock markets in the Gulf ended lower on Sunday, with the Saudi index leading the losses, although...

Published 21 Jun, 2021 03:43am

Markets

Qatar shares jump as investors cheer virus restrictions easing

Dubai index registers fourth weekly gain.
ADNOC Distributions sees biggest fall in over 14 months.

Published 27 May, 2021 06:44pm

Markets

Saudi leads major Gulf markets higher; Egypt slides

Egypt's blue-chip index declined 2.1%. Most of the stocks on the index were in negative territory, including Commercial International Bank, which dropped 2%.
Saudi Arabia's benchmark index finished 1.3% higher, buoyed by a 1.8% rise in Al Rajhi Bank and a 5.7% jump in Riyad Bank.

Published 25 May, 2021 07:07pm

Markets

Abu Dhabi outperforms major Gulf markets

In Abu Dhabi, the index rose 1.3%, on track to extend gains for an eight consecutive session, boosted by a 13.6% rise in International Holding.
Saudi Arabia's benchmark index edged up 0.3%, with Advanced Petrochemical jumping more than 5%, after it reported strong quarterly earnings.

Updated 06 Apr, 2021 07:29pm

Markets

Most major Gulf markets rise; Dubai dips

The index's gains, however, were capped by losses in banking shares led by a 2.5% fall in Doha Bank, which traded ex-dividend.

Published 16 Mar, 2021 01:18pm

Markets

Dubai bucks Gulf trend with blue-chip sell-off

DIB reports sharp fall in full-year profit.
Saudi index extends gains for a ninth session.
Egypt's unemployment dipped Oct-Dec.

Updated 16 Feb, 2021 09:54pm