Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,303.10 +8.60 0.06%
S&P 500 1,649.60 -0.91 -0.06%
Nasdaq 3,459.14 -0.27 -0.01%
Ticker Volume Price Price Delta
STOXX 50 2,764.29 -12.49 -0.45%
FTSE 100 6,654.34 -42.45 -0.63%
DAX 8,305.32 -46.66 -0.56%
Ticker Volume Price Price Delta
Nikkei 14,612.50 +128.47 0.89%
Hang Seng 22,618.70 -51.01 -0.23%
S&P/ASX 200 4,983.50 -78.95 -1.56%

Persian Gulf Stocks: Savola Group, Aldar Properties

Saudi Arabia’s Tadawul All Share Index dropped 0.2 percent to 6,400.10 at the 3:30 p.m. close in Riyadh. Dubai’s DFM General Index (DFMGI) fell 0.8 percent.

The following shares were active in the Persian Gulf region. Stock symbols follow company names.

Aldar Properties PJSC (ALDAR) dropped to the lowest since April 2005, losing 2.4 percent to 81 fils. The Abu Dhabi- based property developer said it will complete the conversion of bonds held by state-owned Mubadala Development Co. into shares on Jan. 2 and the shares will be listed on the same day.

Savola Group (SAVOLA) rose 2.9 percent to 28.40 riyals, the highest since May 4, after the Saudi Arabian food producer said it was selling land in the kingdom and expanding in Egypt.

To contact the reporter on this story: Mourad Haroutunian in Riyadh at mharoutunian@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link