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: Drake & Scull, Shuaa Capital, Gulf Bank

Dubai’s DFM General Index rallied 2.2 percent to 1,521.56, the highest level since August, at the 2 p.m. close in the emirate. Kuwait’s SE Index gained 0.7 percent.

The following shares were active in the Persian Gulf region. Stock symbols follow company names.

Drake & Scull International PJSC (DSI UH) gained 1.2 percent to 97 fils, the highest level since Feb. 9. The Dubai-based construction company’s full-year profit beat analysts’ estimates and it set up a unit to benefit from railway projects in the Middle East.

Gulf Bank KSC (GBK KK) jumped 1 percent, the largest increase since Dec. 29, to 490 fils after the Kuwaiti lender said full-year profit rose to 30.6 million dinars ($110 million) from 19.1 million dinars.

Shuaa Capital PSC (SHUAA UH) rallied 13 percent to 76.9 fils, the highest level since October. The investment bank controlled by Dubai’s ruler announced plans for further job cuts and said its fourth-quarter loss narrowed to 111.9 million dirhams ($30.5 million).

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.