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Air Arabia, National Bank of Fujairah: Gulf Equity Preview

Sept. 6 (Bloomberg) -- The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.

Dubai’s DFM General Index retreated 0.3 percent and Abu Dhabi’s ADX General Index fell 0.4 percent. Saudi Arabia’s Tadawul All Share Index lost 1 percent to 6,090.54.

Air Arabia PJSC (AIRARABI UH): The Middle East’s biggest low-cost airline will start flights to Yanbu in Saudi Arabia from Nov. 1. The shares dropped 0.2 percent to 62.3 fils.

National Bank of Fujairah PSC (NBF UH): The United Arab Emirates-based state-controlled lender plans to begin trading base metals, energy, agriculture and carbon-offset products in both physical and derivative markets. The shares jumped 3.3 percent to 4.7 dirhams.

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

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