Sunday 26 August 2012

STOCKS NEWS MIDEAST-Dubai slips from 16-wk high; property stocks drop - Yahoo! News Maktoob

Dubai's benchmark slips from Thursday's 16-week high as investors book recent gains, while other Gulf bourses are steady in lackluster trade.
Dubai's index sheds 0.26 percent to 1,583 points, trimming year-to-date gains to 17 percent.
"Intraday pivot point is seen at 1,583.4 points. If the market remains below it, we may see 1,579.4 support level whereas a break above the pivot may bring recovery until the resistance of 1,591.5 points," MENA Corp Securities says in a note.

No comments:

Post a Comment