MIDEAST STOCKS-Dubai stock index tumbles on weak global lead - Yahoo Maktoob News:
"Dubai's main stock index fell sharply in the opening minutes on Sunday in response to a weak global trend as most shares declined.
The benchmark dropped 3.1 percent to 4,787 points as heavyweight Emaar Properties tumbled 4.8 percent. The index dropped below chart support on the September low of 4,808 points; any clean break, in the form of a daily close, would trigger a minor double top formed by the September peaks and pointing down to about 4,455 points.
Abu Dhabi's index, which is generally less volatile than Dubai's, fell 1.0 percent."
'via Blog this'
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