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.
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.
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