DUBAI, May 7: United Arab Emirates stocks ended the week lower, as investors pocketed profits days after the Gulf state’s bourses hit all-time highs, analysts said on Friday. The drops came after a year-long bull run, buoyed by record crude oil prices that have fuelled rapid growth and strong corporate results in the small oil-rich country.

The Dubai bourse index closed the week to Thursday at 787.5 points, down nearly 4 per cent from a week earlier, after dropping from the all-time high near 876 points reached on Monday. In the capital Abu Dhabi, the stock market index closed at 5,659.9 points, down more than 8 per cent from the previous week, after slipping from a lifetime high of 6,266 points on Monday.

The two markets are still up 79 per cent and 84 per cent, respectively, since the beginning of the year.—Reuters

KSE CLOSURE OF BOOKS & AGM
Company	From	To	Dividend Bonus/Right	Commence-ment of Spot	AGM/EOGM
Kot Addu Power Co.	—	12/5/2005	35% (i)	—	—
Allwin Engineering	—	12/5/2005	—	—	12/5/2005
Azgard Nine	—	12/5/2005	—	—	12/5/2005
Crescent Textile	—	14-05-2005	—	—	14-05-2005
Jubilee Spinning	—	14-05-2005	—	—	14-05-2005
Essa Cement Ind.	10/5/2005	19-05-2005	200% R	—	—
1st National Equities	10/5/2005	16-05-2005	10% (i)	—	—
Rafhan Maize Products	10/5/2005	17-05-2005	70% (i)	—	—
Escorts Inv. Bank	10/5/2005	16-05-2005	15% (i)	—	—
United Dist.	11/5/2005	17-05-2005	—	—	17-05-2005
Pakistan Refinery	12/5/2005	24-05-2005	—	—	24-05-2005
Security Leasing Corp.	12/5/2005	18-05-2005	25% B (i)	—	—
Engro Chemical	13-05-2005	27-05-2005	—	—	27-05-2005
Atlas Battery	13-05-2005	20-05-2005	—	—	20-05-2005
Crescent Standard Mod	14-05-2005	21-05-2005	100% R	9/5/2005	—
Attock Refinery	18-05-2005	25-05-2005	20% B (i)	11/5/2005	—
Crescent Steel	18-05-2005	24-05-2005	10% (i)	11/5/2005	—
Shams Textile	18-05-2005	24-05-2005	—	—	24-05-2005
Packages Ltd.	19-05-2005	25-05-2005	—	—	25-05-2005
United Insurance	20-05-2005	27-05-2005	30% R	13-05-2005	—
Hajra Textile	20-05-2005	27-05-2005	100% R	13-05-2005	—
P.I.C.I.C.	21-05-2005	28-05-2005	—	—	28-05-2005
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