Bloomberg News

Persian Gulf Stocks: DP World and Industries Qatar Are Active

July 02, 2012

Dubai’s benchmark DFM General Index (DFMGI) rose 0.1 percent to 1,464.57, the highest since June 21, at the close in the emirate. Qatar’s QE Index (DSM) slipped 0.1 percent.

The following shares were active in the Persian Gulf region. Stock symbols are in parentheses.

DP World Ltd. (DPW) advanced to the highest since May 15, gaining 1.7 percent to $10.70. The port operator said it will build a maritime museum in Dubai.

Industries Qatar QSC (IQCD) , the second-biggest petrochemicals maker in the Middle East, advanced for a second day, increasing 1 percent to 128.5 riyals. A unit at the company obtained an $80 million loan from Qatar National Bank SAQ. (QNBK)

To contact the reporter on this story: Zahra Hankir in Dubai at zhankir@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net


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