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Abu Dhabi Bourse Suspends Three Stocks Over Technical Issue

Abu Dhabi Bourse Suspends Three Stocks Over Technical Issue

The bourse said the issue had to do with ownership proportions.

Abu Dhabi’s stock exchange suspended trading in the shares of Dana Gas, RAK Ceramics and Gulf Cement on Sunday, citing technical problems.

The bourse said the issue had to do with ownership proportions; it did not elaborate, or say when the stocks would resume trading. Companies in the United Arab Emirates usually have limits on foreign ownership.

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