Mideast Stocks: Abu Dhabi snaps losing streak, DISB hits Dubai | ZAWYA MENA Edition:
The Abu Dhabi stock market rose on Thursday, recovering some losses it suffered over 10 straight sessions, while Dubai was pulled down by Dubai Islamic Bank's going ex-dividend.
The Abu Dhabi index rose 1.9 percent. First Abu Dhabi Bank, the United Arab Emirates' biggest bank, gained 2.8 percent and Emirates Telecommunications rose 3.7 percent.
Late last month, FAB shareholders approved an increase in the limit of foreign ownership of its shares to 40 percent from 25 percent.
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