Thursday 17 January 2013

Can the Dubai Financial Market move higher from its 10-month high? « ArabianMoney

It’s been a great start to the year for the Dubai Financial Market with shares now trading at a 10-month high. It was almost exactly a year ago that shares on the DFM finally hit rock bottom after a fall that started way back in early 2006.

That is so far back that the index has been rebased since then making precise comparisons impossible. But on some reckonings If you back track the index that stands around 1,750 today it was around 8,000 at the peak.
Can the Dubai Financial Market move higher from its 10-month high? « ArabianMoney

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