MIDEAST STOCKS-Gulf firms in early trade but NBAD cools | Reuters:
"Stock markets in the Gulf were firm early on Tuesday, supported by opinion polls and bookmakers' odds suggesting the "Remain" camp might win Britain's referendum on European Union membership this week, and as oil held over $50 a barrel.
In Abu Dhabi, National Bank of Abu Dhabi pulled back 1.7 percent after surging 20 percent in the previous two days on news of its merger talks with First Gulf Bank.
But FGB edged up 0.4 percent, and Union National Bank added 2.1 percent after Arqaam Capital said in a note that after the proposed merger between NBAD and FGB, "we expect UNB to be next"."
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