MIDEAST STOCKS-Abu Dhabi outperforms on financials and real estate, most Gulf markets rise - Reuters:
Abu Dhabi stocks outperformed
Gulf markets on Sunday on expectations that banks and real
estate companies will benefit from new rules which would allow
foreigners to own land and property in investment areas on a
freehold basis.
The Abu Dhabi index rose 1 percent, lifted by RAK
Properties, up 2.7 percent, and Aldar Properties
, up 2.1 percent.
Abu Dhabi Commercial Bank rose 1.8 percent and
Union National Bank rose 2.3 percent.
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