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Dubai Financial Market Daily Briefing - Nov 13
KIPCO Asset Management Company K.S.C -Tuesday, November 13, 2012
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This report shows trading activities for Dubai Financial Market on November 13, 2012.

Country : UAE
Report Type : Daily
Report Date : Tuesday, November 13, 2012
Provided by : KIPCO Asset Management Company K.S.C KIPCO Asset Management Company K.S.C
Report Size : 212 KB
  Dubai Financial Market Daily Briefing - Nov 13
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ADX General Index <.ADI> closed at 4,579.48 point. The market approached our target level at4,670 point before easing down due to the overbought status of the RSI indicators, as wasexpected in our last analysis. Some fluctuations could take place on the coming period, knowingthat re-gaining momentum above 4,615 point would bring back to focus 4,670 point and maybemore to 4,715 point. On the counter side, a fall back below 4,530 point would most likely putpressure on the support level at 4,480 point once again. Daily and weekly RSI indicators arecurrently looking neutral
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