Kuwait linked with bigger stake in Daimler

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Shares in German auto maker Daimler jumped 4 percent on Tuesday on market talk that Kuwait was looking to raise its stake in the company, traders said.

No immediate comment was available from Daimler, in which Kuwait holds a 7.6 percent stake.

At 3.24pm Dubai time, Daimler shares were up 4.5 percent at 28.02 euros, outpacing a 2 percent rise in Germany's DAX. (Reuters)

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