Thursday 24 September 2009

UAE stocks update Sep 23 (Re-post)

UPP at 1.04 today.

See Aug 19 update and report on this stock. 1.13 level to watch by end of the month.

EMAAR

See Sep 7 update with new targets. 4.77 coming up

ARMX

Watch it to see where UAE stocks are going. See where we are by referencing an old post July 29

GULFNAV

See here Sep 6 no need to sell of course.

ARTC (very strong stock)

Rocketing through our levels mentioned Sep 7

3.36 looks important as a monthly closing level.

FGB has gained nicely today while AGTHIA has barely moved.

SOROUH, of course, is adjusting the ALDAR / SOROUH ratio mentioned on this blog in the past. It always does because there is very little difference between these two speculative companies.END

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