The following stocks may rise or fall in Gulf Arab markets. Stock symbols are in parentheses and prices are from the last close.
Abu Dhabi National Insurance Co. (ADNIC UH): The provider of life and car insurance in the United Arab Emirates posted a 72 drop in third-quarter profit to 48.4 million dirhams ($13 million). The shares decreased 2.3 percent to 6.45 dirhams when they last traded on Nov. 1.
Drake & Scull International PJSC (DSI UH): The Dubai-based engineering contractor for the real-estate industry will make an announcement on a Saudi Arabian acquisition today. The shares fell 0.5 percent to 97.2 fils.
Kuwait Food Co. (FOOD KK): The company known as Americana said third-quarter profit rose 77 percent to 7.96 million dinars ($28 million). The shares retreated 1.2 percent to 1,660 fils.
Kuwait Portland Cement Co. (PCEM KK): The Kuwaiti cement and building materials trader said third-quarter net income rose 49 percent to 5.8 million dinars. The shares lost 1.2 percent to 1,660 fils.
Mabanee Co. (MABANEE KK): The pre-cast building manufacturer said third-quarter profit increased to 5.2 million dinars from 4.9 million dinars. The shares declined 2.3 percent to 840 fils.
Oula Fuel Marketing Co. (OULAFUEL KK): The only non- government operator of gasoline stations in Kuwait said third- quarter profit fell 33 percent to 564,334 dinars. The shares were unchanged at 350 fils.
Saudi Cement Co. (SACCO AB): The Saudi manufacturer of building materials approved setting up a joint venture in Kuwait valued at 4 million dinars. The shares advanced 0.5 percent to 44 riyals.
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