Dubai’s Arabtec, Drake & Scull: Persian Gulf Equity Preview
The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.
Arabtec Holding Co. (ARTC) : The United Arab Emirates’ biggest construction company had its price estimate cut to 1.34 dirhams from 1.47 dirhams at Credit Suisse Group AG. The shares increased 0.7 percent to 1.38 dirhams.
Drake & Scull International (DSI) : The Dubai-based construction company had its price estimate cut to 1.26 dirhams from 1.3 dirhams at Credit Suisse. The shares advanced 1 percent to 87.2 fils.
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