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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 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.


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 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.


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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