Persian Gulf Equity Movers: Saudi British, Emaar, Tabreed
Dubai’s DFM General Index declines 0.4% to 1,956.02 at close in the emirate as 12 stocks drop, 9 gain and 10 are unchanged; Abu Dhabi ADX General Index +0.9%; Saudi Arabia’s Tadawul +0.7%.
DECLINERS: * Emaar (EMAAR UH) -1.8%; shareholders approve board’s recommendation of 10 fils/shr DVD * Tamweel (TAMWEEL UH) -2.5%; 1Q net 20.5m dirhams, misses EFG- Hermes profit est. of 24m: data compiled by Bloomberg
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