Wednesday 4 December 2013

MidEast Stocks Mixed, Dubai Eases After Failing at Resistance - NASDAQ.com

MidEast Stocks Mixed, Dubai Eases After Failing at Resistance - NASDAQ.com:

"Middle East stocks were mixed, with Dubai slipping on some profit-taking after failing to pierce technical resistance at 3000.

However, investors were optimistic for the UAE. They expect government infrastructure spending in the United Arab Emirates to underpin earnings growth.

Kuwait firmed as investors wait for the government to restart delayed development projects to justify the early-year optimism."

'via Blog this'

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