MIDEAST STOCKS-Abu Dhabi hits multi-year on FAB foreign ownership change - Reuters:
Abu Dhabi stocks closed up 2.4 percent on Sunday, reaching a four-and-a-half year high as First Abu Dhabi Bank (FAB) surged after it obtained regulatory approval to increase its foreign ownership limit.
Other Gulf markets were weak.
Foreigners will be allowed to own as much as 40 percent of FAB stock, up from a previous limit of 25 percent, lifting FAB shares by almost 5 percent.
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