Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Persian Gulf Stocks: Abyaar Real Estate, Aramex, Saudi Basic

Dubai’s DFM General Index dropped 0.6 percent, the most since Dec. 6, to 1,388.19 at the 2 p.m. close in the emirate. The measure has dropped 15 percent this year. Kuwait’s Stock Exchange Index decreased 0.3 percent and Saudi Arabia’s Tadawul All Share Index lost 0.2 percent.

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

Abyaar Real Estate Development (ABYAAR KK) surged 5.5 percent to 29 fils, its highest level in two months. The Kuwaiti property company said it made a gain of 1.7 million dirhams ($463,000) from a property sale.

Aramex PJSC (ARMX UH) advanced the most in a week, rising 1.6 percent to 1.86 dirhams. The Middle East’s largest courier company said it acquired Berco Express (Pty) Ltd. of South Africa, marking its biggest purchase to date and entry into Africa’s largest economy.

Saudi Basic Industries Corp. (SABIC AB) dropped the most in three weeks, losing 1.8 percent to 95.50 riyals after crude oil declined as much as 1.5 percent to $97.89 a barrel on the New York Mercantile Exchange.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.