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Qatar Gas Transport and Salhia Real Estate: Gulf Equity Preview

The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.

The Dubai Financial Market General Index fell 1 percent. Saudi Arabia’s Tadawul All Share Index (SASEIDX) rose 3.3 percent.

Qatar Gas Transport Co. (QGTS QD): The liquefied natural gas transporter known as Nakilat was initiated with a “market perform” recommendation and a price estimate of 18.5 riyals at Al Mal Capital PSC. The shares rose 2.3 percent to 16.8 riyals.

Salhia Real Estate Company KSC (SRE KK): The Kuwaiti property investor and hotel operator said full-year net income rose to 10.2 million dinars ($37 million) from 7.2 million dinars a year earlier. The shares were unchanged at 250 fils.

To contact the reporter on this story: Zahra Hankir in Dubai at zhankir@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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