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Dubai Islamic Bank, NBAD, Aldar Properties: Gulf Equity Preview ...

21/05/2009 07:02:00 AM GMT   Comments ()     Add a comment     Print     E-mail
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May 21 (Bloomberg) -- The following stocks may rise or fall in persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.

The Dubai Financial Market General Index declined 0.2 percent and Abu Dhabi’s ADX General Index fell 0.1 percent. Qatar’s Doha Securities Market Index advanced 0.3 percent. Saudi Arabia’s market is closed today for the weekend.

Aldar properties pJSC (ALDAR UH): Abu Dhabi’s biggest developer sold $1.25 billion of 5-year notes, becoming the first real-estate developer in the United Arab Emirates to issue debt after prices tumbled, according to data compiled by Bloomberg. The shares fell 0.5 percent to 3.91 dirhams.


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Source: Bloomberg
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