Finance Forums Forum Index Finance Forums
A forum dedicated to Finance
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Dubai market rally shows no signs of exhaustion

 
Post new topic   Reply to topic    Finance Forums Forum Index -> Payday Loan
Author Message
Kirk
Site Admin


Joined: 01 Jan 1970
Posts: 2360

PostPosted: Wed Feb 22, 2012 7:05 pm    Post subject: Dubai market rally shows no signs of exhaustion Reply with quote

The DFM General Index hit 1,608.92 points (up 0.80%), the highest closing since mid-June 2011, although bellwether Emaar declined slighly (off 0.65% at Dhs3.05. But market breadth remained solid, as 22 shares advanced and seven declined. Trading volumes also confirmed the current strength of the Dubai bourse, as 464m shares worth Dhs420m were traded. Real estate district cooling provider Tabreed soared 14.90% to reach Dhs0.911. Having gained 18.80% year to date, the highest advanced aming all Arab stock exchanged, the DFM might be technically ripe for a correction, but the market strength and the positive economic outlook for the emirate of Dubai speaks another language (as yet).

Read more...
Back to top
Display posts from previous:   
Post new topic   Reply to topic    Finance Forums Forum Index -> Payday Loan All times are GMT
Page 1 of 1

 



Powered by phpBB © 2001, 2005 phpBB Group

Slashdot. News for Nerds. Stuff that Matters.