Persian Gulf Stock Movers: Al-Enma'a Real Estate and Kuwait Projects
The following stocks rose or fell in the Gulf. Symbols are in parentheses.
Al-Enma’a Real Estate Co. (ERESCO KK) advanced the most in more than a month, rising 6.5 percent to 66 fils. The Kuwaiti property investment company won an 11.4 million-dinar ($40 million) government contract.
Kuwait Projects Co. (KPROJ KK) rose the most since Sept. 15, gaining 2.2 percent to 465 fils. The country’s biggest privately owned investment company said it may make a 20 million dinar profit from the sale of 39.2 percent of its stake in Gulf Insurance Co. to Fairfax Financial Holdings Ltd.