Persian Gulf Stocks: Gulf Warehousing, Mazaya Qatar Real Estate
Qatar’s QE Index (DSM) fell 0.1 percent to 8,699.46 at the 1 p.m. close in Doha, bringing its drop for the week to 2.1 percent.
The following shares were active in the Persian Gulf region. Stock symbols are in parentheses.
Gulf Warehousing Co. (GWCS) retreated 2 percent to 36.9 riyals, the lowest since Dec. 7. The Qatari storage provider said 2011 earnings per share declined to 1.56 riyals from 2.04 riyals.
Mazaya Qatar Real Estate Development QSC (MRDS) advanced 2.2 percent, the most since Dec. 27, to 7.9 riyals. The Qatari real-estate developer appointed QInvest as a financial adviser for its Sidra Village residential project.
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