The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.
Agility (AGLTY) Public Warehousing Co. (AGLTY KK): The Kuwaiti storage and transport company said first-quarter profit fell to 7.7 million dinars ($27.9 million) from 17.6 million dinars a year earlier. The shares dropped 1.3 percent to 370 fils.
Gulf Cable & Electrical Industries Co. (CABLE KK): The Kuwaiti maker of electrical equipment said first-quarter profit rose to 5.9 million dinars from 3 million dinars a year earlier. The shares retreated 2.5 percent to 1,540 fils.
National Industries Group (NIND KK): The largest industrial investment company in Kuwait reported a 59 percent decline in first-quarter profit to 1.9 million dinars. The shares slumped 3.6 percent to 265 fils.
Salhia Real Estate Company KSC (SRE KK): The Kuwaiti property investor and hotel operator said first-quarter net dropped 26 percent to 1.87 million dinars from 2.53 million dinars the year earlier. The shares gained 1 percent to 212 fils.
Saudi Basic Industries Corp. (SABIC) : The world’s biggest petrochemicals producer said its venture with Exxon Mobil Corp. awarded contracts to develop an elastomers project in Jubail. The shares decreased 0.7 percent to 107.5 riyals.
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