Persian Gulf Equity Movers: Agility, Industries Qatar
Abu Dhabi’s ADX General Index rises 0.4% to 3,022.48, highest level since Oct. 2009, at close in emirate, bringing gain this week to 3%; Dubai’s DFM General Index little changed, Qatar QE Index -0.8%.
ADVANCERS: * Agility (AGLTY KK) +1.8%; wins contract to manage Swedish SSAB’s heavy plate export shipments, 2-yr contract has est. value of $10m * Du (DU UH) +0.2%, bringing rally this week to 15%; co. said Feb. 19 net after royalty 994m dirhams vs 440m, proposes cash DVD of 30 fils/shr
DECLINERS: * Industries Qatar (IQCD QD) -0.5%; board to discuss financial results ** NOTE: VTB cut Industries Qatar last week
To contact the reporter on this story: Zahra Hankir in Dubai at firstname.lastname@example.org
To contact the editor responsible for this story: Claudia Maedler at email@example.com