Aviation Lease and National Leasing: Persian 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.

Abu Dhabi’s ADX General Index (ADSMI) gained 0.3 percent. Dubai’s DFM General Index (DFMGI) increased 0.6 percent, while Qatar’s QE Index (DSM) dropped 0.2 percent.

Aviation Lease and Finance Co. KSCC (ALAFCO KK): The company that provides Shariah-based commercial aircraft leasing products said profit in the first nine months of its fiscal year rose fourfold to 28.8 million dinars ($105 million) because of a one-time gain of 20 million dinars. The shares fell 1.5 percent to 340 fils.

Bank Sohar (BKSB) : The Omani lender said first-half profit rose to 6.93 million rials ($18 million) from 6 million rials in the year-earlier period. The shares climbed 0.7 percent to 0.15 rial.

National Leasing (NLCS) : The Qatari investment company said first-half profit increased to 96.6 million riyals ($26.5 million) from 94.9 million riyals the year earlier. The shares retreated 1.6 percent to 39 riyals.

To contact the reporters on this story: Zahra Hankir in Dubai at zhankir@bloomberg.net; Alaa Shahine in Dubai at asalha@bloomberg.net

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.