The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.
Bahrain Telecommunications Co. (BATELCO BI): Bahrain’s largest phone company, known as Batelco, said first-half profit declined 17 percent to 38.8 million dinars ($103 million). The shares declined 0.5 percent to 0.43 dinar.
Bank Dhofar SAOG (BKDB) : Oman’s second-largest bank by market value posted a first-half loss of 4.56 million rials ($12 million), after setting aside money to comply with a court order. Profit was 17.7 million rials a year earlier. The shares were unchanged at 0.567 rial when they last traded July 17.
Commercial Bank of Dubai (CBD UH): The Dubai-based lender said second-quarter profit advanced 2 percent to 260 million dirhams ($70.8 million). The shares gained 0.3 percent to 3.01 dirhams.
National Bank of Abu Dhabi (NBAD UH): The United Arab Emirates’ second-biggest lender by assets said second-quarter profit rose 2.5 percent to 1.03 billion dirhams, beating analysts’ estimates. The shares were unchanged at 11.05 dirhams.
Qatar Islamic Bank SAQ (QIBK QD): The Persian Gulf country’s second-biggest Shariah-compliant lender said second- quarter profit jumped 27 percent, topping analysts’ estimates. The shares gained 0.3 percent to 78.6 riyals.
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