Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Persian Gulf Stocks: Mohammad Al-Mojil, Yamamah Saudi Cement

Dec. 5 (Bloomberg) -- Qatar’s QE Index rose 0.3 percent to 8,781.45, the highest since April 13, at the 1 p.m. close in Doha. Saudi Arabia’s Tadawul All Share Index advanced 1 percent, while Abu Dhabi’s ADX General Index dropped 0.1 percent.

The following shares were active in the Persian Gulf region. Stock symbols are in parentheses.

Mohammad Al-Mojil Group (MMG AB) advanced the most since Nov. 19, gaining 1.5 percent to 20.35 riyals. The Saudi Arabian construction company said it won a contract valued at 315 million riyals ($84 million) from Saudi Arabian Oil Co.

Yamamah Saudi Cement Co. (YACCO AB) surged the most since April 2009, rising 6.8 percent to 66.5 riyals. Saudi Arabia’s third-biggest cement company said the board will propose a 50 percent capital increase through a bonus share issue.

To contact the reporter on this story: Zahra Hankir in Dubai at zhankir@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.