Margin calls for UAE stocks, window-dressing in Kuwait - Markets - ArabianBusiness.com:
"On the last trading session of the year for regional markets, margin calls in UAE could trigger some selling, but 'window dressing' in Kuwait may lift the bourse in late trading.
Dubai's measure has outperformed all regional peers in 2013 and is among the world's top performing equity markets with gains of 105.4 percent.
A recent buying spree, especially in small-caps in Dubai and Abu Dhabi has been on margin, or leveraged trading by retail investors, traders say. Brokerage firms asking for individuals to reduce leverage to zero, or margin calls, for the year-end could result in many closing positions.
Profit-taking would usually be a good incentive for investors to sell after a strong positive year, but a bullish outlook for 2014 and the dividend season just a few weeks away, is keeping many bets on the table, which could minimize selling pressure."
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