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Dubai

We cover the Dubai Market periodically. Our focus is on the most actively traded stocks. If you need any specific stock(s)  or if you have any questions please contact us at : This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBAI - 10 May 2012

dfmgi_2012_5_10

DFMGI Index [1,526.94 points] the Index is moving in a falling channel and approaching the support at 1,514 points. Sell the rallies. A climb to 1,610 points is a selling opportunity. Investors: Reduce/Hold.


artc_2012_5_10

Arabtec Holdings [AED3.16] faced resistance at AED3.69 and is going through a correction. We expect a dip to the support at EGP2.64. Take some profits at current levels. Investors: Hold.


emaar_2012_5_10

Emaar Properties [EGP2.95] broke the rising trend and is approaching the support at AED2.83. The trend is down. Sell the rallies. Investors: Reduce/Hold.


hitstelec_2012_5_10

Hits Telecom [AED1.17] faced resistance at AED1.52 and is approaching support levels at AED0.99. Traders: Sell the rallies. Investors: Reduce/Hold.


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