Dubai’s benchmark DFM General Index climbed 0.4 percent to 1,479.20, the highest since June 11, at the close in the emirate. Qatar’s QE Index was little changed, while Kuwait’s measure slipped 0.1 percent.
The following shares were active in the Persian Gulf region. Stock symbols are in parentheses.
Arkan Building Materials Co. (AKRAN UH) fell the most in a week, dropping 1.3 percent to 79 fils. The Abu Dhabi-based company said its board approved the terms of a 1.4 billion-dirham ($381 million) loan it’s getting from five regional banks.
Boubyan Bank KSC (BOUBYAN KK) rose to the highest level since January 2011, advancing 1.6 percent to 630 fils. The lender said it plans to study an acquisition offer from National Bank of Kuwait SAK (NBK KK). National Bank of Kuwait rose 2 percent, the most since Nov. 14, to 1,040 fils.