Trends - Gulf stocks - Business Recorder

Gulf stocks

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

Dubai shares hit near-decade high, Emaar Properties shines

Dubai stocks jumped on Monday to their highest level in nearly a decade, helped by gains in real estate and finance...

Published 16 Dec, 2024 03:31pm

Markets

Most Gulf markets muted ahead of Fed rate decision; Qatar extends gains

Most stock markets in the Gulf ended lower on Sunday as investors awaited clues on the future path for interest...

Published 15 Dec, 2024 07:29pm

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

Saudi stocks gain on US rate cut bets; Qatar falls

Saudi Arabia’s stock market ended higher on Sunday as investors raised their bets on the prospect of a U.S. interest...

Published 08 Dec, 2024 06:24pm

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

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Major Gulf markets mixed on geopolitical tensions

Major stock indexes in the Gulf were mixed in largely rangebound trade early on Wednesday, as Israel threatened to...

Published 04 Dec, 2024 03:15pm

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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

Markets

Most Gulf markets end flat on regional tensions

Most stock markets in the Gulf finished flat on Monday amid tensions in the Middle East as Israel resumed attacks on...

Published 02 Dec, 2024 06:33pm

Markets

Saudi market falls on regional geopolitics; Qatar flat

Saudi Arabia’s stock market eased in early trade on Monday amid tensions in the Middle East as Israel resumed...

Published 02 Dec, 2024 01:54pm

Markets

Saudi bourse extends rebound from 4-month low; Qatar falls

Saudi Arabia’s stock market ended higher on Sunday, building on the previous session’s rebound from a near...

Published 01 Dec, 2024 07:54pm

Markets

Parkin buoys Dubai; Abu Dhabi extends losses

Dubai’s stock market closed higher on Friday, fuelled by a 15% boost in Parkin Company’s shares after the Roads and...

Published 29 Nov, 2024 06:15pm

Markets

Most Gulf markets higher on Israel-Hezbollah ceasefire

Major stock markets in the Gulf ended higher on Thursday following Israel’s agreement to a ceasefire deal with...

Published 28 Nov, 2024 07:06pm

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Most Gulf bourses in red ahead of US inflation data

Most stock markets in the Gulf ended lower on Wednesday as investors awaited key inflation data from the world’s...

Published 27 Nov, 2024 07:34pm

Markets

Markets gain ahead of US inflation data

Most stock markets in the Gulf rose in early trading on Wednesday, as investors’ focus shifted to key inflation data...

Published 27 Nov, 2024 01:38pm

Markets

Most Gulf markets end higher; Saudi falls

Most stock markets in the Gulf ended higher on Tuesday, as investors took stock of a potential ceasefire between...

Published 26 Nov, 2024 07:43pm

Markets

Gulf bourses end mixed as oil prices slip

Stock markets in the Gulf put in a mixed performance on Monday as oil prices weakened and in the absence of fresh...

Published 25 Nov, 2024 07:40pm

Markets

Major Gulf markets gain in early trade; Saudi falls

Most stock markets in the Gulf rose in early trade on Monday, shrugging off geopolitical tensions amid the ongoing...

Published 25 Nov, 2024 01:29pm

Markets

Most Gulf markets gain on oil; Egypt falls

Most stock markets in the Gulf ended higher on Sunday in response to a rise in oil prices, although the Egyptian...

Published 24 Nov, 2024 07:21pm

Markets

Most Gulf bourses fall on Fed’s rate-cut caution; Egypt extends loss

Most stock markets in the Gulf ended lower on Monday, hurt by concerns that the U.S. Federal Reserve would slow its...

Published 18 Nov, 2024 07:38pm

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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