Investment Dar, Arriyadh Development: Gulf Equity Preview
Stock Chart for Arriyadh Development Co (ADCO)
The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.
Arriyadh Development Co. (ADCO) : The Saudi Arabian property developer awarded a contract valued at 59.3 million riyals ($16 million) to a local company to build cooling and freezing warehouses in southern Riyadh. The shares declined 1.7 percent to 14.90 riyals.
Investment Dar Co. (TID KK): The Kuwaiti financial services company that owns half of Aston Martin Lagonda Ltd., said a Kuwaiti court allowed it to seek protection under the country’s Financial Stability Law, enabling it to implement a plan to restructure 1.37 billion dinars ($5 billion) of debt. The shares dropped 5.1 percent to 74 fils.
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