Bloomberg News

Persian Gulf Equity Movers: Agility, Industries Qatar

February 21, 2013

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 zhankir@bloomberg.net

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


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