Friday 17 September 2010

GCC Market Analytics: Highest Relative Strength UAE Stocks

It has been a good start to September for stock holders in the UAE with the Dubai market advancing 11% and the Abu Dhabi market 4.3%.

Below are two tables showing the top ranked Dubai and Abu Dhabi stock by relative strength. For information on how to interpret these tables please refer to this previous post.

In Dubai it's Aramex and DFM that have best combined relative strength across the 20, 50 and 100 day time frames. In Abu Dhabi, ADCB, Dana Gas, RAK White Cement and United Arab Bank are all at the top of their 20, 50 and 100 day trading ranges.

Also provided below are the complete relative strength rankings for all UAE stocks.



[ Click to enlarge ]

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