MIDEAST STOCKS-Dubai rises for 7th session before break; Egypt firm | Reuters:
"Dubai's index gained 0.7 percent on Tuesday to its highest close since November 2008, rising for a seventh straight session, as retail investors continued to speculate actively ahead of long holidays.
Shares in Dubai Financial Market, the Gulf's only listed bourse, rose 1.9 percent, while Dubai Islamic Bank added 4.1 percent to 3.77 dirhams in its highest turnover since April.
DIB broke above major technical resistance at 3.66 dirhams, its peaks in March and July, and a double bottom formed by the 2009 lows points up to around 5.00 dirhams in the long term."
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