Monday 22 August 2011

Persian Gulf Stocks: National Shipping and Zamil Industrial

Dubai's DFM General Index rose 0.7 percent, the most since Aug. 14, to 1,462.04 at 1:30 p.m. in the emirate. Abu Dhabi's ADX General Index gained 0.5 percent, while Saudi Arabia's Tadawul All Share Index retreated 0.3 percent.

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

National Shipping Co. of Saudi Arabia (NSCSA AB) is headed for the first gain in more than a week, rising 0.4 percent to 11.5 riyals. The shares were up as much as 2.2 percent earlier. The Saudi Arabian operator of crude oil and chemical tankers won a 230 million-riyal ($61 million) contract from the kingdom's Ministry of Defense and Aviation.

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