Persian Gulf Equity Movers: Saudi British, Emaar, Tabreed

Dubai’s DFM General Index declines 0.4% to 1,956.02 at close in the emirate as 12 stocks drop, 9 gain and 10 are unchanged; Abu Dhabi ADX General Index +0.9%; Saudi Arabia’s Tadawul +0.7%.

DECLINERS: * Emaar (EMAAR UH) -1.8%; shareholders approve board’s recommendation of 10 fils/shr DVD * Tamweel (TAMWEEL UH) -2.5%; 1Q net 20.5m dirhams, misses EFG- Hermes profit est. of 24m: data compiled by Bloomberg

To contact the reporter on this story: Claudia Maedler in Dubai at

To contact the editor responsible for this story: Claudia Maedler at

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.