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Gazprom shares off after Duma passes share bill

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MOSCOW, December 9 (RIA Novosti)-Shares in energy giant Gazprom fell 1.6% in Moscow after the lower chamber of parliament passed a bill in the final reading to lift the "ring fence" around its common shares to allow unrestricted foreign ownership of 49% of its stock.

Gazprom shares were trading at 184.5 rubles per common share before the State Duma passed the bill but fell to 181.5 after news broke that the draft legislation had been approved.

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