Dubai's bourse ends lower, retreating from the previous day's Fed-inspired four-month high as investor caution
returns.
Gulf markets rallied on Sunday after the U.S. Federal Reserve launched a fresh round of money printing that helped lift asset prices worldwide, but that has largely failed to translate into a second day of regional gains.
Dubai's index slips 0.4 percent to close at 1,589 points. Yet its technical indicators remain strong despite
Monday's dip, says Bruce Powers, head of research and analysis at Trust Securities.
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