The following shares were active in the Persian Gulf region. Stock symbols are in parentheses.
Abu Dhabi National Energy Co. (TAQA) surged the most since October 2010, advancing 4.8 percent to 1.32 dirhams. The utility known as Taqa said its board recommended a dividend for 2011 of 10 fils a share. The company paid the same amount in 2010, according to data compiled by Bloomberg.
Aldar Properties PJSC (ALDAR) , Abu Dhabi’s biggest real- estate company, rallied 6.6 percent to 1.45 dirhams, the highest since May 15. Standard & Poor’s said its ratings and outlook on Aldar are unaffected following its announcement that it’s in merger talks with Sorouh Real Estate PJSC (SOROUH) . Sorouh gained 5.8 percent to 1.45 dirhams.
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