Bearish signals trigger in UAE markets | GulfNews.com:
"The sell-off in UAE markets was followed by renewed weakness in global equity markets, strength in gold, and weakness in oil, on the back of concerns over a slowdown in China and the developing Ukraine situation.
Given bearish signals in UAE markets, plus global weakening in stocks, near-term rallies are likely to be hit by renewed selling pressure as investors more aggressively look to take profits and minimize losses, for those who got into the market late. Indications are that last week is the beginning of a correction in the UAE markets that could last weeks or months."
'via Blog this'
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