The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.
The Dubai Financial Market General Index fell 1 percent. Saudi Arabia’s Tadawul All Share Index rose 3.3 percent.
Qatar Gas Transport Co. (QGTS QD): The liquefied natural gas transporter known as Nakilat was initiated with a “market perform” recommendation and a price estimate of 18.5 riyals at Al Mal Capital PSC. The shares rose 2.3 percent to 16.8 riyals.
Salhia Real Estate Company KSC (SRE KK): The Kuwaiti property investor and hotel operator said full-year net income rose to 10.2 million dinars ($37 million) from 7.2 million dinars a year earlier. The shares were unchanged at 250 fils.